ASGN INC (ASGN) Technical Analysis
NYSE:ASGN • US00191U1025
Current stock price
ASGN Technical Rating and Analysis
Taking everything into account, ASGN scores 0 out of 10 in our technical rating. ASGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 91% of all other stocks performed better in the past year than ASGN.
- ASGN is one of the lesser performing stocks in the IT Services industry. 67% of 87 stocks in the same industry do better.
- ASGN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ASGN is lagging the market.
- In the last month ASGN has a been trading in the 35.04 - 45.46 range, which is quite wide. It is currently trading near the lows of this range.
ASGN Weekly and Daily overview Charts
ASGN Setup Rating and Analysis
The technical rating of ASGN 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
ASGN Support and Resistance Analysis
35.02
3 important resistance areas can be observed.
- A resistance zone ranging from 48.08 to 48.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 52.75 to 53.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @54.25 from a horizontal line in the daily time frame.
ASGN 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ASGN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASGN is down. |
| ChartMill Relative Strength | 9.12 | NEGATIVE | ASGN has a low relative strength, it was outperformed by 90.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.68 | OVERSOLD | The low RSI value suggests ASGN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests ASGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.63 | OVERSOLD | The low Stochastics value suggests ASGN may be oversold. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for ASGN suggests high volalility. |
| Average Directional Index/ADX (14) | 30.7 | POSITIVE | The high ADX value value for ASGN suggests a strong trend. |
ASGN Chart- and CandleStick Pattern Analysis
ASGN Technicals: Chart, Performance Metrics, Trend & Indicators
35.37
-0.32 (-0.9%)
ASGN INC / ASGN TA FAQ
What is the technical rating for ASGN stock?
ChartMill assigns a technical rating of 0 / 10 to ASGN.
What is the current trend direction of ASGN INC (ASGN) stock?
The current trend direction for ASGN INC (ASGN) is Bearish.
What is the RSI signal for ASGN INC (ASGN) stock?
ASGN INC (ASGN) has an RSI value of 29.6791. This indicates that the stock is currently oversold.
Can you provide the MACD signal for ASGN INC?
The MACD indicator for ASGN INC (ASGN) has a value of -0.324914, indicating a bearish trend.
What is the short term momentum for ASGN INC (ASGN) stock?
The short term momentum for ASGN INC (ASGN) is negative.