ASSOCIATED BANC-CORP (ASB) Stock Technical Analysis
USA - NYSE:ASB - US0454871056 - Common Stock
24.68 USD
-1.53 (-5.84%)
24.13 USD
-0.55 (-2.23%)
Overall ASB gets a technical rating of 2 out of 10. ASB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month ASB has a been trading in the 24.66 - 26.88 range, which is quite wide. It is currently trading near the lows of this range.
ASB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ASB is lagging the market slightly.
ASB has an average volume of 1414180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, ASB outperforms 60% of them, which is more or less in line with the market.
ASB is an average performer in the Banks industry, it outperforms 69% of 392 stocks in the same industry.
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
24.42
27.58
When analyzing the support we notice one important area.
- A support zone ranging from 24.67 to 24.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @24.72 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.50 to 25.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 60.13 | NEUTRAL | ASB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.96 | NEUTRAL | The RSI value for ASB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ASB has a negative trend. |
| Stochastics (14,3) | 38.62 | NEUTRAL | The Stochastics value for ASB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for ASB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.94 | NEGATIVE | The low ADX value for ASB 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)
24.68
-1.53 (-5.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-5.84%
1 Week-5.08%
2 Weeks-5.3%
1 Month-5.98%
3 Month-3.37%
6 Month28.34%
12 Month12.75%
2 Year52.25%
3 Year1.36%
5 Year80.28%
10 Year27.61%
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%2.6%
ATR Inc102.47%
Range Today1.75
ADR(20)0.63
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.13
Mansfield-0.67
10 Day High26.88
10 Day Low24.66
20 Day High26.88
20 Day Low24.66
52 Week High28.18
52 Week Low18.32
CS1 End24.67
CR1 Start24.72
Volume & EV
DER(3)-2.07%
DER(5)-1.24%
Volume3.24M
Volume Incr30.02%
Vol(5)1.86M
Vol(50)1.41M