Taking everything into account, ASAP scores 2 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, ASAP is a bad performer in the overall market: 100% of all stocks are doing better.
- 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.
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
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.
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. |
0.39
-0.02 (-5.45%)
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.
What is the trend direction for ASAP stock?
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 MACD signal for ASAP stock?
The MACD indicator for WAITR HOLDINGS INC (ASAP) has a value of -0.0208136, indicating a bearish trend.
What is the short term momentum for WAITR HOLDINGS INC (ASAP) stock?
The short term momentum for WAITR HOLDINGS INC (ASAP) is negative.