ASGN INC (ASGN) Stock Technical Analysis
NYSE:ASGN - New York Stock Exchange, Inc. - US00191U1025 - Common Stock - Currency: USD
Taking everything into account, ASGN scores 0 out of 10 in our technical rating. ASGN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
93% of all other stocks performed better in the past year than ASGN.
ASGN is part of the IT Services industry. There are 81 other stocks in this industry, of which 80% are performing better than ASGN.
ASGN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ASGN has a been trading in the 48.09 - 55.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
50.99
102.13
We found 1 important support area.
- A support zone ranging from 51.50 to 52.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 52.85 to 52.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @101.12 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for ASGN is neutral. |
| ChartMill Relative Strength | 7.11 | NEGATIVE | ASGN has a low relative strength, it was outperformed by 92.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ASGN is above 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) | 54.05 | NEUTRAL | The RSI value for ASGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests ASGN has a positive trend. |
| Stochastics (14,3) | 73.67 | NEUTRAL | The Stochastics value for ASGN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for ASGN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.31 | NEGATIVE | The low ADX value for ASGN suggests a weak or negative trend. |
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)
52.84
+0.64 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.23%
1 Week5.18%
2 Weeks7.27%
1 Month0%
3 Month-13.73%
6 Month-37.87%
12 Month-39.49%
2 Year-30.77%
3 Year-49.07%
5 Year-22.82%
10 Year37.89%
15 Year994%
Volatility
ATR(14)1.44
ATR(20)%2.7%
ATR Inc-29.89%
Range Today0.8
ADR(20)1.38
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.11
Mansfield-3.77
10 Day High53.36
10 Day Low48.09
20 Day High55.86
20 Day Low48.09
52 Week High105.67
52 Week Low47.64
CS1 End50.16
CR1 Start51.66
Volume & EV
DER(3)3.93%
DER(5)3.61%
Volume338.20K
Volume Incr20.88%
Vol(5)578.76K
Vol(50)531.62K