← 2026-W16 report

ASA — 2026-W16

Frame: 78w/6w Generated: 2026-04-18 23:55 View on TradingView ↗
ASA price trend chart 2026-W16
R² (linearity)
0.9540
Frame gain (78w)
+208.1%
Annualised gain
111.7%
Last price
$68.24
Exit A (date)
2026-05-30
Exit B target
+12.7% / $76.94
Stop C level
-12.7% / $59.54
Hold period
6 weeks

Analysis

ASA showed a exceptionally consistent uptrend over the past 78 weeks (analysis frame: 78w/6w), scoring an R² of 0.9540. R² measures how closely the price followed a straight logarithmic trend line — a score of 1.0 represents a perfectly linear rally with no deviation. The stock gained 208.1% over the lookback period, equivalent to an annualised return of 111.7%. As of week 2026-W16, ASA last traded at $68.24. Momentum modelling projects a solid continuation: the statistical exit target (Exit B, k=0.75σ) is +12.7% ($76.94) by May 30, 2026, with a stop-loss level at -12.7% ($59.54). This analysis was generated by StraightR, a momentum screening tool that ranks US equities by the linearity of their logarithmic price trend across multiple lookback frames (26w, 40w, 52w, 78w).