ASHLAND INC (ASH) Stock Technical Analysis
USA - NYSE:ASH - US0441861046 - Common Stock
50.65 USD
+0.72 (+1.44%)
50.65 USD
0 (0%)
We assign a technical rating of 1 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ASH is a bad performer in the overall market: 89% of all stocks are doing better.
ASH is one of the lesser performing stocks in the Chemicals industry. 60% of 83 stocks in the same industry do better.
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 46.30 - 50.98 range, which is quite wide. It is currently trading near the high of this range.
ASH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
46.05
57.18
3 important support areas can be observed.
- Support @50.18 from a trend line in the weekly time frame.
- A support zone ranging from 47.50 to 47.62. 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.
3 important resistance areas can be observed.
- Resistance @52.57 from a trend line in the daily time frame.
- Resistance @55.50 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 | NEUTRAL | NEUTRAL | The short term trend for ASH is neutral. |
| ChartMill Relative Strength | 11.72 | NEGATIVE | ASH has a low relative strength, it was outperformed by 88.28% 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) | 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) | 55.86 | NEUTRAL | The RSI value for ASH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests ASH has a positive trend. |
| Stochastics (14,3) | 86.32 | OVERBOUGHT | The high Stochastics value suggests ASH may be overbought. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for ASH suggests some volalility. |
| Average Directional Index/ADX (14) | 24.97 | NEUTRAL | The ADX value for ASH suggests a possible start of a new 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)
50.65
+0.72 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.44%
1 Week3.35%
2 Weeks6.65%
1 Month2.59%
3 Month-1.19%
6 Month-4.65%
12 Month-39.59%
2 Year-33.9%
3 Year-51.73%
5 Year-27.4%
10 Year-7.67%
15 Year96.2%
Volatility
ATR(14)1.25
ATR(20)%2.54%
ATR Inc-3.95%
Range Today1.2
ADR(20)1.24
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.72
Mansfield-2.29
10 Day High50.98
10 Day Low47.24
20 Day High50.98
20 Day Low46.3
52 Week High88.89
52 Week Low45.21
CS1 End50.18
CR1 Start52.57
Volume & EV
DER(3)-0.77%
DER(5)-1.22%
Volume464.30K
Volume Incr-28.87%
Vol(5)558.78K
Vol(50)580.80K