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Assa Abloy AB ADR (ASAZY) – sideways & breakout history

OTC Markets

Assa Abloy AB ADR has been moving sideways between $10.53 and $12.78 since 30 Jul 2023.

Since 2019, NasdaqScan has found 3 sideways ranges in ASAZY. Completed ranges lasted 630 days on average, from 441 to 819 days. Of those 2, 1 broke upward and 1 ended without a clear breakout. The current range is 21% wide from low to high. NasdaqScan detected one breakout pattern in Assa Abloy AB ADR, on 22 Oct 2023 after 294 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$10.53 – $12.7830 Jul 2023Still sideways—22 Oct 2023 (BO accepted)
$12.51 – $16.6616 Jan 20222 Apr 2023 (441 days)Range invalidated at $12.78—
$9.57 – $11.9710 Nov 20196 Feb 2022 (819 days)Broke above the range at $12.845—

Breakout patterns detected

  • 22 Oct 2023: breakout from a sideways range after 294 days (BO accepted)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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