ADVANSIX INC (ASIX) Stock Technical Analysis
USA - NYSE:ASIX - US00773T1016 - Common Stock
Taking everything into account, ASIX scores 0 out of 10 in our technical rating. ASIX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ASIX has a poor technical rating and the quality of the setup is also not perfect 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
18.68
3 important resistance areas can be observed.
- A resistance zone ranging from 19.58 to 19.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 20.09 to 20.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.47 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for ASIX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASIX is down. |
| ChartMill Relative Strength | 15.01 | NEGATIVE | ASIX has a low relative strength, it was outperformed by 84.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASIX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.02 | NEUTRAL | The RSI value for ASIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ASIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.96 | NEUTRAL | The Stochastics value for ASIX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for ASIX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.84 | NEGATIVE | The low ADX value for ASIX suggests a weak or negative trend. |
18.87
+0.29 (+1.56%)
ADVANSIX INC / ASIX FAQ
What is the technical rating for ASIX stock?
ChartMill assigns a technical rating of 0 / 10 to ASIX.
What is the current trend direction of ADVANSIX INC (ASIX) stock?
The current trend direction for ADVANSIX INC (ASIX) is Bearish.
Can you provide the RSI signal for ADVANSIX INC?
ADVANSIX INC (ASIX) has an RSI value of 41.0205. This indicates that the stock is currently neutral.
What is the MACD signal for ADVANSIX INC (ASIX) stock?
The MACD indicator for ADVANSIX INC (ASIX) has a value of -0.0923265, indicating a bearish trend.
What is the buy/sell signal for ASIX stock?
The buy/sell signal for ADVANSIX INC (ASIX) is sell as both the short term and long term trends are negative.