ASHLAND INC (ASH) Technical Analysis
NYSE:ASH • US0441861046
Current stock price
57 USD
-0.7 (-1.21%)
At close:
57 USD
0 (0%)
After Hours:
ASH Technical Rating and Analysis
Overall ASH gets a technical rating of 4 out of 10. ASH has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- ASH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When compared to the yearly performance of all other stocks, ASH outperforms 48% of them, which is more or less in line with the market.
- ASH is an average performer in the Chemicals industry, it outperforms 41% of 82 stocks in the same industry.
- ASH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASH is lagging the market.
ASH Weekly and Daily overview Charts
ASH Setup Rating and Analysis
ASH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ASH Support and Resistance Analysis
47.14
65.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 56.29 to 56.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.79 to 48.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.62 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 57.27 to 57.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @61.52 from a trend line in the weekly time frame.
- A resistance zone ranging from 64.56 to 64.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
ASH 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 | 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 | 48.18 | NEUTRAL | ASH is not amongst the best or worst performers 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 | MIXED | The current price of ASH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.73 | NEUTRAL | The RSI value for ASH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ASH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.96 | NEUTRAL | The Stochastics value for ASH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for ASH suggests some volalility. |
| Average Directional Index/ADX (14) | 16.21 | NEGATIVE | The low ADX value for ASH suggests a weak or negative trend. |
ASH Chart- and CandleStick Pattern Analysis
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)
ASH Technicals: Chart, Performance Metrics, Trend & Indicators
57
-0.7 (-1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.21%
1 Week-0.63%
2 Weeks2.98%
1 Month9.05%
3 Month-6.8%
6 Month16.56%
12 Month15.31%
2 Year-40.21%
3 Year-43.9%
5 Year-33.88%
10 Year2.15%
15 Year83.63%
Volatility
ATR(14)1.6
ATR(20)%3.01%
ATR Inc15.6%
Range Today1.55
ADR(20)1.58
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.18
3 months CRS25.67
6 months CRS81.52
Mansfield-0.32
10 Day High59.92
10 Day Low54.33
20 Day High59.92
20 Day Low52.73
52 Week High65.65
52 Week Low46.3
CS1 End56.75
CR1 Start57.27
Volume & EV
DER(3)1.75%
DER(5)1.56%
Volume938.80K
Volume Incr-4.35%
Vol(5)577.22K
Vol(50)664.01K
ASHLAND INC / ASH TA FAQ
Can you provide the ChartMill technical rating for ASHLAND INC?
ChartMill assigns a technical rating of 4 / 10 to ASH.
What is the trend direction for ASH stock?
The current trend direction for ASHLAND INC (ASH) is Bearish.
What is the RSI signal for ASH stock?
ASHLAND INC (ASH) has an RSI value of 53.7316. 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 0.163749, indicating a bearish trend.