SENDAS DISTRIBUIDORA SA (ASAI)
US81689T1043 - ADR
We assign a technical rating of 1 out of 10 to ASAI. ASAI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
ASAI is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry. ASAI outperforms 76% of them.
Looking at the yearly performance, ASAI did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ASAI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASAI is lagging the market.
In the last month ASAI has a been trading in the 12.08 - 14.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ASAI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 13.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.24, a Stop Loss order could be placed below this zone.
More info and screens
10.50
15.21
We found 4 important support areas.
- A support zone ranging from 12.89 to 13.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.12 to 12.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @11.24 from a trend line in the weekly time frame.
- Support @10.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 13.60 to 13.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.97 to 14.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.66 to 15.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.32
Mansfield-0.87
10 Day High13.59
10 Day Low12.63
20 Day High14.8
20 Day Low12.08
52 Week High15.25
52 Week Low10.44
Performance
1 Week2.61%
2 Weeks3.57%
1 Month-1.55%
3 Month-1.33%
6 Month9.42%
12 Month25.92%
2 Year-19.13%
3 Year-21.27%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)49.46
LBB12.22
UBB13.64
SENDAS DISTRIBUIDORA SA
NYSE:ASAI (5/6/2024, 11:43:16 AM)
13.31
-0.05 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.37%
1 Week2.61%
2 Weeks3.57%
1 Month-1.55%
3 Month-1.33%
6 Month9.42%
12 Month25.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.49
ATR(20)%3.73%
ATR Inc
Range Today0.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.59
10 Day Low12.63
20 Day High14.8
20 Day Low12.08
52 Week High15.25
52 Week Low10.44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume110.26K
Volume Incr16.8%
Vol(5)335.76K
Vol(50)282.37K