Asta Funding Inc (ASFI) Stock Technical Analysis
USA - NASDAQ:ASFI -
Overall ASFI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ASFI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, ASFI also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 13.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.85 to 13.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.47 from a trend line in the weekly time frame.
- Support @9.03 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.08 to 13.11. 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 ASFI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASFI is up. |
| ChartMill Relative Strength | 91.29 | POSITIVE | ASFI has a high relative strength, it outperformed 91.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASFI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASFI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASFI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.35 | NEUTRAL | The RSI value for ASFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ASFI has a negative trend. |
| Stochastics (14,3) | 78.33 | NEUTRAL | The Stochastics value for ASFI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for ASFI suggests low volalility. |
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 |
|---|---|---|---|
| 13.09 | 13.04 | 0.05 (0.39%) | 25.00% |
| An entry @13.09. This is a Buy Stop order right above the 10 day moving average. | An exit @13.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 0.39%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.10%. |
- 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.
NASDAQ:ASFI (9/28/2020, 8:01:20 PM)
13.08
-0.02 (-0.15%)
Asta Funding Inc / ASFI FAQ
What is the technical rating for ASFI stock?
ChartMill assigns a technical rating of 9 / 10 to ASFI.
Can you provide the trend direction for Asta Funding Inc?
The current trend direction for Asta Funding Inc (ASFI) is Bullish.
Can you provide the RSI signal for Asta Funding Inc?
Asta Funding Inc (ASFI) has an RSI value of 58.3534. This indicates that the stock is currently neutral.
What is the MACD signal for Asta Funding Inc (ASFI) stock?
The MACD indicator for Asta Funding Inc (ASFI) has a value of -0.00881911, indicating a bearish trend.
What is the short term momentum for ASFI stock?
The short term momentum for Asta Funding Inc (ASFI) is positive.