ASANA INC - CL A (ASAN)

US04342Y1047 - Common Stock

14.62  -0.36 (-2.4%)

After market: 14.7 +0.08 (+0.55%)

Technical Rating and Analysis

0

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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
81% of all other stocks performed better in the past year than ASAN.
ASAN is part of the Software industry. There are 276 other stocks in this industry, of which 68% are performing better than ASAN.
ASAN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ASAN is lagging the market.
ASAN has an average volume of 2054170 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 13.34 - 15.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ASAN Weekly chart
ASAN Daily chart
Setup Rating and Analysis

5

ASAN has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

13.40

22.32

We found 1 important support area.

  • A support zone ranging from 13.54 to 13.58. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 5 important areas.

  • Resistance @14.99 from a horizontal line in the daily time frame.
  • Resistance @17.98 from a trend line in the daily time frame.
  • Resistance @18.60 from a trend line in the weekly time frame.
  • A resistance zone ranging from 20.23 to 20.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @22.10 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.45
Mansfield-3.12
10 Day High15.06
10 Day Low13.34
20 Day High15.81
20 Day Low13.34
52 Week High26.27
52 Week Low13.34
Performance
1 Week6.48%
2 Weeks-2.27%
1 Month-5%
3 Month-20.46%
6 Month-19.09%
12 Month-9.64%
2 Year-45.45%
3 Year-56.12%
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)0.17
RSI(14)45.27
LBB13.2
UBB15.51
ASAN Daily chart

ASANA INC - CL A

NYSE:ASAN (4/25/2024, 4:53:37 PM)

After market: 14.7 +0.08 (+0.55%)

14.62

-0.36 (-2.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.4%
1 Week6.48%
2 Weeks-2.27%
1 Month-5%
3 Month-20.46%
6 Month-19.09%
12 Month-9.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.55
ATR(20)%3.6%
ATR Inc
Range Today0.36
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 High15.06
10 Day Low13.34
20 Day High15.81
20 Day Low13.34
52 Week High26.27
52 Week Low13.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.25M
Volume Incr16.56%
Vol(5)1.83M
Vol(50)2.05M