ASHLAND INC (ASH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ASH - US0441861046 - Common Stock
Taking everything into account, ASH scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ASH was also a bad performer in the overall market in the last year.
ASH has an average technical rating and also the quality of the setup is only medium 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
46.05
When analyzing the support we can see 4 important areas.
- Support @52.45 from a trend line in the daily time frame.
- A support zone ranging from 49.52 to 50.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.50 to 48.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 46.52 to 46.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @54.70 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 | NEUTRAL | NEUTRAL | The long term trend for ASH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASH is up. |
| ChartMill Relative Strength | 16.53 | NEGATIVE | ASH has a low relative strength, it was outperformed by 83.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ASH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.65 | NEUTRAL | The RSI value for ASH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests ASH has a positive trend. |
| Stochastics (14,3) | 82.58 | OVERBOUGHT | The high Stochastics value suggests ASH may be overbought. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ASH suggests some volalility. |
| Average Directional Index/ADX (14) | 16.53 | NEGATIVE | The low ADX value for ASH suggests a weak or negative trend. |
52.9
+0.36 (+0.69%)
ASHLAND INC / ASH FAQ
Can you provide the ChartMill technical rating for ASHLAND INC?
ChartMill assigns a technical rating of 4 / 10 to ASH.
Can you provide the trend direction for ASHLAND INC?
The current trend direction for ASHLAND INC (ASH) is Bearish.
Can you provide the RSI signal for ASHLAND INC?
ASHLAND INC (ASH) has an RSI value of 60.6497. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ASHLAND INC?
The MACD indicator for ASHLAND INC (ASH) has a value of 0.293498, indicating a bearish trend.
Can you provide the support and resistance levels for ASHLAND INC?
ASHLAND INC (ASH) has a support level at 52.45 and a resistance level at 54.7. Check the full technical report for our detailed analysis of ASH support and resistance levels.