ASANA INC - CL A (ASAN) Stock Technical Analysis
NYSE:ASAN - New York Stock Exchange, Inc. - US04342Y1047 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ASAN. ASAN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
77% of all other stocks performed better in the past year than ASAN.
ASAN is part of the Software industry. There are 282 other stocks in this industry, of which 66% are performing better than ASAN.
ASAN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ASAN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ASAN has an average volume of 3499150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ASAN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.50
17.69
We found 3 important support areas.
- A support zone ranging from 13.52 to 13.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.98 from a trend line in the daily time frame.
- A support zone ranging from 12.63 to 12.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @17.51 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ASAN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASAN is down. |
| ChartMill Relative Strength | 23.86 | NEGATIVE | ASAN has a low relative strength, it was outperformed by 76.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ASAN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASAN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ASAN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.32 | NEUTRAL | The RSI value for ASAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ASAN has a positive trend. |
| Stochastics (14,3) | 50.19 | NEUTRAL | The Stochastics value for ASAN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ASAN suggests some volalility. |
| Average Directional Index/ADX (14) | 33.19 | POSITIVE | The high ADX value value for ASAN suggests a strong trend. |
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)
NYSE:ASAN (7/3/2025, 9:43:00 AM)
13.86
+0.35 (+2.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.59%
1 Week4.49%
2 Weeks1.35%
1 Month-28.89%
3 Month-4.52%
6 Month-34.45%
12 Month1.35%
2 Year-44.36%
3 Year-30.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%4.69%
ATR Inc-3.24%
Range Today0.23
ADR(20)0.52
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.86
Mansfield-2.1
10 Day High13.79
10 Day Low12.69
20 Day High16.99
20 Day Low12.69
52 Week High27.77
52 Week Low11.05
CS1 End12.63
CR1 Start13.29
Volume & EV
DER(3)-3.68%
DER(5)-0.55%
Volume21.66K
Volume Incr-29.43%
Vol(5)3.68M
Vol(50)3.50M