ATEGRITY SPECIALTY HOLDINGS (ASIC) Technical Analysis
NYSE:ASIC • US04681Y1038
Taking everything into account, ASIC scores 7 out of 10 in our technical rating. Although ASIC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, ASIC is a bad performer in the overall market: 100% of all stocks are doing better.
- ASIC is one of the lesser performing stocks in the Insurance industry. 87% of 149 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- ASIC 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.
ASIC 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
17.02
3 important support areas can be observed.
- A support zone ranging from 22.01 to 22.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.64 from a horizontal line in the weekly time frame.
- Support @17.19 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @22.16 from a horizontal line in the weekly time frame.
- Resistance @23.37 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 ASIC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASIC is up. |
| 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) | UP | POSITIVE | The current price of ASIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASIC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.6 | NEUTRAL | The RSI value for ASIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests ASIC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.39 | NEUTRAL | The Stochastics value for ASIC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for ASIC suggests high volalility. |
| Average Directional Index/ADX (14) | 36.9 | POSITIVE | The high ADX value value for ASIC suggests a strong trend. |
ASIC Technicals: Chart, Performance Metrics, Trend & Indicators
22.15
-0.2 (-0.89%)
ATEGRITY SPECIALTY HOLDINGS / ASIC FAQ
What is the ChartMill technical rating of ATEGRITY SPECIALTY HOLDINGS (ASIC) stock?
ChartMill assigns a technical rating of 7 / 10 to ASIC.
What is the current trend direction of ATEGRITY SPECIALTY HOLDINGS (ASIC) stock?
The current trend direction for ATEGRITY SPECIALTY HOLDINGS (ASIC) is Bullish.
Can you provide the RSI signal for ATEGRITY SPECIALTY HOLDINGS?
ATEGRITY SPECIALTY HOLDINGS (ASIC) has an RSI value of 60.5994. This indicates that the stock is currently neutral.
What is the buy/sell signal for ATEGRITY SPECIALTY HOLDINGS (ASIC) stock?
The buy/sell signal for ATEGRITY SPECIALTY HOLDINGS (ASIC) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ATEGRITY SPECIALTY HOLDINGS (ASIC) stock?
ATEGRITY SPECIALTY HOLDINGS (ASIC) has a support level at 22.14 and a resistance level at 22.16. Check the full technical report for our detailed analysis of ASIC support and resistance levels.