USA - NYSE:ASIC - US04681Y1038 - Common Stock
Overall ASIC gets a technical rating of 2 out of 10. In the last year, ASIC was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
ASIC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
20.35
We found 1 important resistance area.
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 ASIC is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASIC is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | ASIC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASIC is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASIC is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 42.77 | NEUTRAL | The RSI value for ASIC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests ASIC has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 15.8 | OVERSOLD | The low Stochastics value suggests ASIC may be oversold. |
Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for ASIC suggests some volalility. |
Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for ASIC suggests a possible start of a new trend. |
20.56
-0.6 (-2.84%)