NYSEARCA:ASMF - NYSE Arca - US92790A8760 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to ASMF. In the past year, ASMF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, ASMF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.63, a Stop Loss order could be placed below this zone.
21.70
When analyzing the support we notice one important area.
We can see 4 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for ASMF is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASMF is up. |
ChartMill Relative Strength | 19.76 | NEGATIVE | ASMF has a low relative strength, it was outperformed by 80.24% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASMF is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASMF is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASMF is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.79 | NEUTRAL | The RSI value for ASMF is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ASMF has a negative trend. |
Stochastics (14,3) | 55.05 | NEUTRAL | The Stochastics value for ASMF is a neutral value. |
Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for ASMF suggests low volalility. |
Average Directional Index/ADX (14) | 13.75 | NEGATIVE | The low ADX value for ASMF suggests a weak or negative trend. |
NYSEARCA:ASMF (7/18/2025, 8:04:03 PM)
22.64
-0.01 (-0.04%)