ADVANSIX INC (ASIX) Technical Analysis
NYSE:ASIX • US00773T1016
Current stock price
22.73 USD
+0.19 (+0.84%)
At close:
22.73 USD
0 (0%)
After Hours:
ASIX Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to ASIX. ASIX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month ASIX has a been trading in the 21.37 - 25.94 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- ASIX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ASIX is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that ASIX is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- ASIX is an average performer in the Chemicals industry, it outperforms 69% of 82 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
ASIX Weekly and Daily overview Charts
ASIX Setup Rating and Analysis
ASIX has an average technical rating and it also does not offer a high quality setup 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
ASIX Support and Resistance Analysis
17.01
25.57
When analyzing the support we can see 3 important areas.
- Support @21.93 from a trend line in the daily time frame.
- A support zone ranging from 21.09 to 21.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.18 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @24.80 from a trend line in the weekly time frame.
- A resistance zone ranging from 25.29 to 25.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
ASIX Technical Indicator Signal Analysis
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 ASIX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASIX is neutral. |
| ChartMill Relative Strength | 75.88 | POSITIVE | ASIX has a high relative strength, it outperformed 75.88% 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) | UP | POSITIVE | The current price of ASIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ASIX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.85 | NEUTRAL | The RSI value for ASIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests ASIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.87 | NEUTRAL | The Stochastics value for ASIX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ASIX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.18 | POSITIVE | The high ADX value value for ASIX suggests a strong trend. |
ASIX Chart- and CandleStick Pattern Analysis
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)
ASIX Technicals: Chart, Performance Metrics, Trend & Indicators
22.73
+0.19 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.84%
1 Week-1.26%
2 Weeks-6.96%
1 Month-0.96%
3 Month33.16%
6 Month13.2%
12 Month7.73%
2 Year-10.02%
3 Year-39.68%
5 Year-21.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%4.24%
ATR Inc-64.83%
Range Today0.33
ADR(20)0.88
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.88
3 months CRS95.02
6 months CRS78.48
Mansfield0.27
10 Day High24.9
10 Day Low21.37
20 Day High25.94
20 Day Low21.37
52 Week High25.94
52 Week Low14.1
CS1 End21.93
CR1 Start24.8
Volume & EV
DER(3)-0.05%
DER(5)-0.3%
Volume228.70K
Volume Incr-42.01%
Vol(5)309.74K
Vol(50)481.67K
ADVANSIX INC / ASIX TA FAQ
Can you provide the ChartMill technical rating for ADVANSIX INC?
ChartMill assigns a technical rating of 6 / 10 to ASIX.
What is the trend direction for ASIX stock?
The current trend direction for ADVANSIX INC (ASIX) is Bullish.
What is the RSI signal for ASIX stock?
ADVANSIX INC (ASIX) has an RSI value of 50.8452. This indicates that the stock is currently neutral.
What is the short term momentum for ADVANSIX INC (ASIX) stock?
The short term momentum for ADVANSIX INC (ASIX) is neutral.