American Safety Insurance Holdings (ASI) Stock Technical Analysis
NYSE:ASI - New York Stock Exchange, Inc. -
Overall ASI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ASI did better than 89% of all other stocks. On top of that, ASI also shows a nice and consistent pattern of rising prices.
ASI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ASI is leading the market.
In the last month ASI has a been trading in a tight range between 30.11 and 30.26.
Considerably lower volume is observed in the last couple of days.
Although ASI has an excellent technical rating, the quality of the presented setup is not ideal 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
28.62
31.37
2 important support areas can be observed.
- A support zone ranging from 30.14 to 30.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Strong support @28.91 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Strong resistance @31.06 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.61
Mansfield1.72
10 Day High30.26
10 Day Low30.11
20 Day High30.26
20 Day Low30.11
52 Week High31.1
52 Week Low15.75
Performance
1 Week0.17%
2 Weeks0.13%
1 Month0.36%
3 Month3.81%
6 Month21.1%
12 Month63.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)58.55
LBB30.13
UBB30.28
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.27 | 30.10 | 0.17 (0.56%) | 25.00% |
| An entry @30.27. This is a Buy Stop order right above the 10 day high. | An exit @30.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 0.56%. | For a 0.14% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
American Safety Insurance Holdings
NYSE:ASI (10/2/2013, 7:59:59 PM)
30.25
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.17%
2 Weeks0.13%
1 Month0.36%
3 Month3.81%
6 Month21.1%
12 Month63.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.18%
ATR Inc-28.21%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.61
Mansfield1.72
10 Day High30.26
10 Day Low30.11
20 Day High30.26
20 Day Low30.11
52 Week High31.1
52 Week Low15.75
CS1 End30.23
CR1 Start31.06
Volume & EV
DER(3)0.54%
DER(5)-2.13%
Volume63.80K
Volume Incr9.83%
Vol(5)71.86K
Vol(50)115.81K