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ABRDN GLOBAL INFRASTRUCTURE (ASGI) Stock Technical Analysis

NYSE:ASGI - New York Stock Exchange, Inc. - US00326W1062 - Currency: USD

19.42  +0.26 (+1.36%)

Technical Rating and Analysis

8

Overall ASGI gets a technical rating of 8 out of 10. Although ASGI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
ASGI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ASGI is performing more or less in line with the market.
Looking at the yearly performance, ASGI did better than 70% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month ASGI has a been trading in a tight range between 18.80 and 19.65.
Weekly and Daily overview Charts
ABRDN GLOBAL INFRASTRUCTURE / ASGI Weekly stock chart
ABRDN GLOBAL INFRASTRUCTURE / ASGI Daily stock chart
Setup Rating and Analysis

8

ASGI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.42, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

16.66

20.44

We found 4 important support areas.

  • A support zone ranging from 19.14 to 19.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 18.31 to 18.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @17.72 from a trend line in the weekly time frame.
  • A support zone ranging from 16.83 to 17.31. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 19.87 to 19.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 20.21 to 20.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ASGI is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ASGI is up.
ChartMill Relative Strength70.06POSITIVEASGI has a high relative strength, it outperformed 70.06% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ASGI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ASGI is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ASGI is above the rising SMA(200).
Relative Strength Index/RSI (14)61.39NEUTRALThe RSI value for ASGI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests ASGI has a negative trend, although the MACD value is rising.
Stochastics (14,3)54.15NEUTRALThe Stochastics value for ASGI is a neutral value.
Average True Range in percent/ATR (20)1.22LOW VOLATILITYThe low ATR as a percentage value for ASGI suggests low volalility.
Average Directional Index/ADX (14)29.47POSITIVEThe high ADX value value for ASGI suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
19.8819.130.75 (3.77%)25.00%
An entry @19.88. This is a Buy Stop order right above the resistance zone.An exit @19.13. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.75 points, which is 3.77%.For a 0.94% total portfolio risk, you can invest 25.00% 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.
ABRDN GLOBAL INFRASTRUCTURE / ASGI Daily stock chart

ABRDN GLOBAL INFRASTRUCTURE

NYSE:ASGI (5/29/2025, 8:04:00 PM)

19.42

+0.26 (+1.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.36%
1 Week0.05%
2 Weeks2.1%
1 Month3.08%
3 Month7.95%
6 Month-2.22%
12 Month3.57%
2 Year14.5%
3 Year0.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.22%
ATR Inc-4.42%
Range Today0.22
ADR(20)0.22
ADR(20)%1.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.06
Mansfield-0.03
10 Day High19.65
10 Day Low19.01
20 Day High19.65
20 Day Low18.8
52 Week High20.35
52 Week Low16.65
CS1 End19.42
CR1 Start19.87
Volume & EV
DER(3)2.39%
DER(5)2.21%
Volume186.40K
Volume Incr4.77%
Vol(5)154.22K
Vol(50)160.98K