ASSOCIATED BANC-CORP (ASB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ASB - US0454871056 - Common Stock
We assign a technical rating of 3 out of 10 to ASB. ASB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of ASB 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
23.54
We found 2 important support areas.
- A support zone ranging from 25.10 to 25.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.78 to 24.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 27.01 to 27.31. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for ASB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASB is neutral. |
| ChartMill Relative Strength | 36.09 | NEUTRAL | ASB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ASB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ASB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.97 | NEUTRAL | The RSI value for ASB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASB has a positive trend. |
| Stochastics (14,3) | 51.21 | NEUTRAL | The Stochastics value for ASB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for ASB suggests some volalility. |
| Average Directional Index/ADX (14) | 10.78 | NEGATIVE | The low ADX value for ASB suggests a weak or negative trend. |
25.63
+1.01 (+4.1%)
ASSOCIATED BANC-CORP / ASB FAQ
What is the ChartMill technical rating of ASSOCIATED BANC-CORP (ASB) stock?
ChartMill assigns a technical rating of 3 / 10 to ASB.
What is the current trend direction of ASSOCIATED BANC-CORP (ASB) stock?
The current trend direction for ASSOCIATED BANC-CORP (ASB) is Bearish.
What is the RSI signal for ASSOCIATED BANC-CORP (ASB) stock?
ASSOCIATED BANC-CORP (ASB) has an RSI value of 54.9695. This indicates that the stock is currently neutral.
What is the MACD signal for ASSOCIATED BANC-CORP (ASB) stock?
The MACD indicator for ASSOCIATED BANC-CORP (ASB) has a value of 0.00718375, indicating a bearish trend.
Can you provide the short term momentum for ASSOCIATED BANC-CORP?
The short term momentum for ASSOCIATED BANC-CORP (ASB) is neutral.