Logo image of ASAP

WAITR HOLDINGS INC (ASAP) Stock Technical Analysis

USA - Nasdaq - NASDAQ:ASAP - US9307522097 - Common Stock

0.39 USD
-0.02 (-5.45%)
Last: 2/1/2023, 8:00:46 PM
0.3989 USD
+0.01 (+2.28%)
After Hours: 2/1/2023, 8:00:46 PM
Technical Rating and Analysis

2

Overall ASAP gets a technical rating of 2 out of 10. ASAP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

100% of all other stocks performed better in the past year than ASAP.
ASAP 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.
In the last month ASAP has a been trading in the 0.34 - 0.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: ASAP has an average volume of 0 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Weekly and Daily overview Charts
WAITR HOLDINGS INC / ASAP Weekly stock chart
WAITR HOLDINGS INC / ASAP Daily stock chart
Setup Rating and Analysis

5

ASAP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

0.38

0.39

When analyzing the support we notice one important area.

  • A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ASAP is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ASAP is down.
ChartMill Relative Strength0NEGATIVEASAP has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of ASAP is below the rising SMA(20).
Relative Strength Index/RSI (14)37.63NEUTRALThe RSI value for ASAP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests ASAP has a negative trend.
Stochastics (14,3)7.81OVERSOLDThe low Stochastics value suggests ASAP may be oversold.
Average True Range in percent/ATR (20)21.24HIGH VOLATILITYThe high ATR as a percentage value for ASAP suggests high volalility.
Average Directional Index/ADX (14)15.13NEGATIVEThe low ADX value for ASAP suggests a weak or negative trend.
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)
WAITR HOLDINGS INC / ASAP Daily stock chart

WAITR HOLDINGS INC

NASDAQ:ASAP (2/1/2023, 8:00:46 PM)

After market: 0.3989 +0.01 (+2.28%)

0.39

-0.02 (-5.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryInternet & Direct Marketing Retail
Performance
% Chg-5.45%
1 Week-7.14%
2 Weeks-32.82%
1 Month9.55%
3 Month0%
6 Month0%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%21.24%
ATR Inc-68.15%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRSN/A
6 months CRSN/A
Mansfield-30
10 Day High0.61
10 Day Low0.38
20 Day High0.75
20 Day Low0.34
52 Week High1.82
52 Week Low0.3
CS1 End0.38
CR1 StartN/A
Volume & EV
DER(3)-14.97%
DER(5)-12%
Volume760.40K
Volume Incr-24.73%
Vol(5)641.54K
Vol(50)N/A

WAITR HOLDINGS INC / ASAP FAQ

What is the ChartMill technical rating of WAITR HOLDINGS INC (ASAP) stock?

ChartMill assigns a technical rating of 2 / 10 to ASAP.


Can you provide the trend direction for WAITR HOLDINGS INC?

The current trend direction for WAITR HOLDINGS INC (ASAP) is Bullish.


What is the RSI signal for WAITR HOLDINGS INC (ASAP) stock?

WAITR HOLDINGS INC (ASAP) has an RSI value of 37.6297. This indicates that the stock is currently neutral.


What is the buy/sell signal for WAITR HOLDINGS INC (ASAP) stock?

The buy/sell signal for WAITR HOLDINGS INC (ASAP) is hold as the short term and long term trends are mixed.


Can you provide the support and resistance levels for WAITR HOLDINGS INC?

WAITR HOLDINGS INC (ASAP) has a support level at 0.38. Check the full technical report for our detailed analysis of ASAP support and resistance levels.