Taking everything into account, ASEA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASEA is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ASEA is one of the better performing stocks in the market, outperforming 76% of all stocks. On top of that, ASEA also shows a nice and consistent pattern of rising prices.
- ASEA is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
- ASEA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Besides having an excellent technical rating, ASEA also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 19.39, a Stop Loss order could be placed below this zone.
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14.38
When analyzing the support we can see 5 important areas.
- A support zone ranging from 18.64 to 19.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.10 to 18.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.50 to 17.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.86 to 16.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.53 to 19.84. 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 | UP | POSITIVE | The long term trend for ASEA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASEA is up. |
| ChartMill Relative Strength | 76.24 | POSITIVE | ASEA has a high relative strength, it outperformed 76.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASEA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASEA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASEA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.8 | NEUTRAL | The RSI value for ASEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ASEA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.22 | NEUTRAL | The Stochastics value for ASEA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for ASEA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.2 | POSITIVE | The high ADX value value for ASEA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.85 | 18.89 | 0.96 (4.84%) | 20.68% |
| An entry @19.85. This is a Buy Stop order right above the resistance zone. | An exit @18.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.96 points, which is 4.84%. | For a 1.00% total portfolio risk, you can invest 20.68% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:ASEA (2/2/2026, 8:04:00 PM)
19.52
+0.05 (+0.26%)
GLOBAL X FTSE SOUTHEAST ASIA / ASEA FAQ
What is the ChartMill technical rating of GLOBAL X FTSE SOUTHEAST ASIA (ASEA) stock?
ChartMill assigns a technical rating of 10 / 10 to ASEA.
Can you provide the trend direction for GLOBAL X FTSE SOUTHEAST ASIA?
The current trend direction for GLOBAL X FTSE SOUTHEAST ASIA (ASEA) is Bullish.
Can you provide the RSI signal for GLOBAL X FTSE SOUTHEAST ASIA?
GLOBAL X FTSE SOUTHEAST ASIA (ASEA) has an RSI value of 64.7971. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GLOBAL X FTSE SOUTHEAST ASIA?
The MACD indicator for GLOBAL X FTSE SOUTHEAST ASIA (ASEA) has a value of 0.0319618, indicating a bearish trend.
What is the buy/sell signal for ASEA stock?
The buy/sell signal for GLOBAL X FTSE SOUTHEAST ASIA (ASEA) is buy as both the short term and long term trends are positive.