ABRDN GLOBAL INFRASTRUCTURE (ASGI) Stock Technical Analysis
USA - NYSE:ASGI - US00326W1062
We assign a technical rating of 4 out of 10 to ASGI. In the last year, ASGI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
ASGI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.56, a Stop Loss order could be placed below this zone.
More info and screens
16.96
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.89 to 20.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.81 from a trend line in the weekly time frame.
- Support @17.13 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.66 to 20.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.49 to 21.67. 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 ASGI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASGI is neutral. |
| ChartMill Relative Strength | 49.76 | NEUTRAL | ASGI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASGI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ASGI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASGI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.96 | NEUTRAL | The RSI value for ASGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASGI has a positive trend. |
| Stochastics (14,3) | 65.03 | NEUTRAL | The Stochastics value for ASGI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for ASGI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.24 | NEGATIVE | The low ADX value for ASGI suggests a weak or negative trend. |
20.6
-0.19 (-0.91%)
ABRDN GLOBAL INFRASTRUCTURE / ASGI FAQ
What is the technical rating for ASGI stock?
ChartMill assigns a technical rating of 4 / 10 to ASGI.
What is the current trend direction of ABRDN GLOBAL INFRASTRUCTURE (ASGI) stock?
The current trend direction for ABRDN GLOBAL INFRASTRUCTURE (ASGI) is Bullish.
What is the RSI signal for ABRDN GLOBAL INFRASTRUCTURE (ASGI) stock?
ABRDN GLOBAL INFRASTRUCTURE (ASGI) has an RSI value of 45.964. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ABRDN GLOBAL INFRASTRUCTURE?
The short term momentum for ABRDN GLOBAL INFRASTRUCTURE (ASGI) is neutral.