American Safety Insurance Holdings (ASI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ASI -
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.
ASI has an excellent technical rating, but 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
28.62
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.
We found 1 important resistance area.
- Strong resistance @31.06 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for ASI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASI is up. |
| ChartMill Relative Strength | 89.61 | POSITIVE | ASI has a high relative strength, it outperformed 89.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.55 | NEUTRAL | The RSI value for ASI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ASI has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for ASI suggests low volalility. |
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%)
American Safety Insurance Holdings / ASI FAQ
Can you provide the ChartMill technical rating for American Safety Insurance Holdings?
ChartMill assigns a technical rating of 9 / 10 to ASI.
What is the trend direction for ASI stock?
The current trend direction for American Safety Insurance Holdings (ASI) is Bullish.
What is the RSI signal for ASI stock?
American Safety Insurance Holdings (ASI) has an RSI value of 58.5505. This indicates that the stock is currently neutral.
Can you provide the MACD signal for American Safety Insurance Holdings?
The MACD indicator for American Safety Insurance Holdings (ASI) has a value of -0.00688962, indicating a bearish trend.
What is the buy/sell signal for American Safety Insurance Holdings (ASI) stock?
The buy/sell signal for American Safety Insurance Holdings (ASI) is buy as both the short term and long term trends are positive.