ASANA INC - CL A (ASAN) Technical Analysis
NYSE:ASAN • US04342Y1047
Current stock price
6.32 USD
-0.08 (-1.25%)
At close:
6.51 USD
+0.19 (+3.01%)
Pre-Market:
ASAN Technical Rating and Analysis
Overall ASAN gets a technical rating of 0 out of 10. 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.
- 96% of all other stocks performed better in the past year than ASAN.
- ASAN is one of the lesser performing stocks in the Software industry. 79% of 272 stocks in the same industry do better.
- ASAN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- ASAN has an average volume of 6417790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ASAN has a been trading in the 5.38 - 6.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASAN Weekly and Daily overview Charts
ASAN Setup Rating and Analysis
Although the technical rating is bad, ASAN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
ASAN Support and Resistance Analysis
6.26
15.52
4 important resistance areas can be observed.
- A resistance zone ranging from 6.40 to 6.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.68 from a trend line in the weekly time frame.
- Resistance @12.19 from a trend line in the weekly time frame.
- A resistance zone ranging from 15.35 to 15.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
ASAN Technical Indicator Signal Analysis
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 | 4.6 | NEGATIVE | ASAN has a low relative strength, it was outperformed by 95.4% 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) | DOWN | NEGATIVE | The current price of ASAN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.35 | NEUTRAL | The RSI value for ASAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ASAN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.24 | NEUTRAL | The Stochastics value for ASAN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for ASAN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.48 | NEGATIVE | The low ADX value for ASAN suggests a weak or negative trend. |
ASAN Chart- and CandleStick Pattern Analysis
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)
ASAN Technicals: Chart, Performance Metrics, Trend & Indicators
6.32
-0.08 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.25%
1 Week3.61%
2 Weeks8.03%
1 Month-0.16%
3 Month-38.34%
6 Month-55.02%
12 Month-61.16%
2 Year-57.5%
3 Year-60.94%
5 Year-81.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%6.67%
ATR Inc-38.66%
Range Today0.29
ADR(20)0.4
ADR(20)%6.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.6
3 months CRS5.79
6 months CRS6.98
Mansfield-5.32
10 Day High6.89
10 Day Low5.75
20 Day High6.89
20 Day Low5.38
52 Week High19
52 Week Low5.38
CS1 EndN/A
CR1 Start6.4
Volume & EV
DER(3)-1%
DER(5)1.22%
Volume3.69M
Volume Incr-34.02%
Vol(5)4.74M
Vol(50)6.42M
ASANA INC - CL A / ASAN TA FAQ
What is the technical rating for ASAN stock?
ChartMill assigns a technical rating of 0 / 10 to ASAN.
Can you provide the trend direction for ASANA INC - CL A?
The current trend direction for ASANA INC - CL A (ASAN) is Bearish.
What is the RSI signal for ASAN stock?
ASANA INC - CL A (ASAN) has an RSI value of 49.3475. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ASANA INC - CL A?
The MACD indicator for ASANA INC - CL A (ASAN) has a value of 0.10139, indicating a bearish trend.
What is the buy/sell signal for ASANA INC - CL A (ASAN) stock?
The buy/sell signal for ASANA INC - CL A (ASAN) is sell as both the short term and long term trends are negative.