ADVANSIX INC (ASIX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ASIX - US00773T1016 - Common Stock
Overall ASIX gets a technical rating of 0 out of 10. ASIX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ASIX is bad and it also does not present a 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
14.15
We found 1 important support area.
- Support @14.29 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 16.03 to 16.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.28 from a trend line in the daily time frame.
- Resistance @19.23 from a trend line in the weekly time frame.
- Resistance @20.36 from a trend 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 | 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 | 8.02 | NEGATIVE | ASIX has a low relative strength, it was outperformed by 91.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ASIX is above 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) | 47 | NEUTRAL | The RSI value for ASIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests ASIX has a positive trend. |
| Stochastics (14,3) | 79.46 | NEUTRAL | The Stochastics value for ASIX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for ASIX suggests some volalility. |
| Average Directional Index/ADX (14) | 35.37 | POSITIVE | The high ADX value value for ASIX suggests a strong trend. |
16.02
+0.29 (+1.84%)
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 46.9983. 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 0.270877, 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.