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 7 out of 10 to ASAN. In the last year, ASAN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
ASAN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ASAN has an average volume of 3078730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ASAN turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
ASAN is part of the Software industry. There are 283 other stocks in this industry, ASAN did better than 62% of them.
ASAN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASAN is lagging the market slightly.
Although ASAN has an excellent technical rating, the quality of the presented setup is not ideal 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
13.17
22.12
We found 4 important support areas.
- A support zone ranging from 17.78 to 17.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.52 to 15.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.90 from a trend line in the weekly time frame.
- Support @13.30 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.22 to 18.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.80 from a trend line in the daily time frame.
- Resistance @21.90 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.61
Mansfield0.88
10 Day High18.61
10 Day Low16.36
20 Day High18.61
20 Day Low14.95
52 Week High27.77
52 Week Low11.05
Performance
1 Week-2.25%
2 Weeks8.59%
1 Month23.07%
3 Month-14.29%
6 Month13.21%
12 Month23.32%
2 Year-25.38%
3 Year-18.03%
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)0.13
RSI(14)62.38
LBB15.67
UBB18.98
17.82
-0.26 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.44%
1 Week-2.25%
2 Weeks8.59%
1 Month23.07%
3 Month-14.29%
6 Month13.21%
12 Month23.32%
2 Year-25.38%
3 Year-18.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%3.67%
ATR Inc42.5%
Range Today1.04
ADR(20)0.6
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.61
Mansfield0.88
10 Day High18.61
10 Day Low16.36
20 Day High18.61
20 Day Low14.95
52 Week High27.77
52 Week Low11.05
CS1 End17.81
CR1 Start18.22
Volume & EV
DER(3)1.94%
DER(5)1.21%
Volume3.86M
Volume Incr53.14%
Vol(5)2.81M
Vol(50)3.08M