ASANA INC - CL A (ASAN) Stock Technical Analysis
NYSE:ASAN - New York Stock Exchange, Inc. - US04342Y1047 - Common Stock - Currency: USD
Taking everything into account, ASAN scores 3 out of 10 in our technical rating. ASAN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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.
In the last month ASAN has a been trading in the 13.18 - 15.31 range, which is quite wide. It is currently trading near the high of this range.
ASAN has an average volume of 3989640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, ASAN outperforms 47% of them, which is more or less in line with the market.
ASAN is part of the Software industry. There are 281 other stocks in this industry, ASAN did better than 46% of them.
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
12.51
16.39
5 important support areas can be observed.
- A support zone ranging from 15.03 to 15.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.23 to 14.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.41 from a trend line in the weekly time frame.
- A support zone ranging from 12.92 to 13.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.64 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @16.23 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 | UP | POSITIVE | The short term trend for ASAN is up. |
| ChartMill Relative Strength | 47.22 | NEUTRAL | ASAN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ASAN is above 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) | 56.28 | NEUTRAL | The RSI value for ASAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ASAN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.12 | NEUTRAL | The Stochastics value for ASAN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for ASAN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.85 | NEGATIVE | The low ADX value for ASAN suggests a weak or negative 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 (7/29/2025, 10:02:08 AM)
15.285
+0.26 (+1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.7%
1 Week1.42%
2 Weeks6.29%
1 Month13.18%
3 Month-7.62%
6 Month-29.57%
12 Month16.06%
2 Year-38.1%
3 Year-22.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%3.26%
ATR Inc-31.93%
Range Today0.43
ADR(20)0.48
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.22
Mansfield-1.38
10 Day High15.31
10 Day Low13.7
20 Day High15.31
20 Day Low13.18
52 Week High27.77
52 Week Low11.05
CS1 End14.39
CR1 Start15.04
Volume & EV
DER(3)-0.33%
DER(5)2.15%
Volume861.24K
Volume Incr-4.29%
Vol(5)3.38M
Vol(50)3.99M