ASHLAND INC (ASH) Stock Technical Analysis
USA - NYSE:ASH - US0441861046 - Common Stock
49.74 USD
-2.06 (-3.98%)
49.74 USD
0 (0%)
We assign a technical rating of 0 out of 10 to ASH. ASH'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 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 ASH.
ASH is part of the Chemicals industry. There are 83 other stocks in this industry, of which 69% are performing better than ASH.
ASH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ASH has a been trading in the 49.64 - 57.01 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of ASH 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
48.29
57.18
We found 1 important support area.
- A support zone ranging from 48.78 to 49.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 52.40 to 54.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.97 from a trend line in the daily time frame.
- A resistance zone ranging from 56.57 to 56.61. 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 | DOWN | NEGATIVE | The long term trend for ASH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASH is down. |
| ChartMill Relative Strength | 9.82 | NEGATIVE | ASH has a low relative strength, it was outperformed by 90.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.14 | NEUTRAL | The RSI value for ASH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests ASH has a negative trend. |
| Stochastics (14,3) | 8.01 | OVERSOLD | The low Stochastics value suggests ASH may be oversold. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for ASH suggests some volalility. |
| Average Directional Index/ADX (14) | 15.25 | NEGATIVE | The low ADX value for ASH 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)
49.74
-2.06 (-3.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.98%
1 Week-5.74%
2 Weeks-9.42%
1 Month-7.7%
3 Month1.95%
6 Month-11.89%
12 Month-43.04%
2 Year-39.1%
3 Year-47.63%
5 Year-29.86%
10 Year-1.13%
15 Year103.98%
Volatility
ATR(14)1.6
ATR(20)%3.04%
ATR Inc15.21%
Range Today2.28
ADR(20)1.46
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.82
Mansfield-2.87
10 Day High55.03
10 Day Low49.64
20 Day High57.01
20 Day Low49.64
52 Week High88.89
52 Week Low45.21
CS1 End49.18
CR1 Start52.4
Volume & EV
DER(3)7.99%
DER(5)5.96%
Volume1.31M
Volume Incr68.57%
Vol(5)702.42K
Vol(50)527.73K