WAITR HOLDINGS INC (ASAP) Technical Analysis
NASDAQ:ASAP • US9307522097
Current stock price
ASAP Technical Rating and Analysis
Overall ASAP gets a technical rating of 2 out of 10. In the last year, ASAP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 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. The S&P500 Index is trading in the upper part of its 52 week range, so ASAP is lagging the market.
- 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.
ASAP Weekly and Daily overview Charts
ASAP Setup Rating and Analysis
Although the technical rating is bad, ASAP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
ASAP Support and Resistance Analysis
0.38
We found 1 important support 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.
ASAP 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 | UP | POSITIVE | The long term trend for ASAP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASAP is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ASAP has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ASAP is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 37.63 | NEUTRAL | The RSI value for ASAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ASAP has a negative trend. |
| Stochastics (14,3) | 7.81 | OVERSOLD | The low Stochastics value suggests ASAP may be oversold. |
| Average True Range in percent/ATR (20) | 21.24 | HIGH VOLATILITY | The high ATR as a percentage value for ASAP suggests high volalility. |
| Average Directional Index/ADX (14) | 15.13 | NEGATIVE | The low ADX value for ASAP suggests a weak or negative trend. |
ASAP Chart- and CandleStick Pattern Analysis
ASAP Technicals: Chart, Performance Metrics, Trend & Indicators
0.39
-0.02 (-5.45%)
WAITR HOLDINGS INC / ASAP TA FAQ
What is the ChartMill technical rating of WAITR HOLDINGS INC (ASAP) stock?
ChartMill assigns a technical rating of 2 / 10 to ASAP.
What is the trend direction for ASAP stock?
The current trend direction for WAITR HOLDINGS INC (ASAP) is Bullish.
Can you provide the RSI signal for WAITR HOLDINGS INC?
WAITR HOLDINGS INC (ASAP) has an RSI value of 37.6297. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WAITR HOLDINGS INC?
The MACD indicator for WAITR HOLDINGS INC (ASAP) has a value of -0.0208136, indicating a bearish trend.
What are the support and resistance levels for WAITR HOLDINGS INC (ASAP) stock?
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.