Taking everything into account, ASNA scores 0 out of 10 in our technical rating. ASNA'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.
Although the technical rating is bad, ASNA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.60
We can see 2 important resistance areas.
- Resistance @0.95 from a trend line in the daily time frame.
- Resistance @1.00 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 ASNA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASNA is down. |
| ChartMill Relative Strength | 0.28 | NEGATIVE | ASNA has a low relative strength, it was outperformed by 99.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.83 | NEUTRAL | The RSI value for ASNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 15.73 | OVERSOLD | The low Stochastics value suggests ASNA may be oversold. |
| Average True Range in percent/ATR (20) | 33.6 | HIGH VOLATILITY | The high ATR as a percentage value for ASNA suggests high volalility. |
0.6063
-0.11 (-15.67%)
Ascena Retail Group / ASNA FAQ
What is the technical rating for ASNA stock?
ChartMill assigns a technical rating of 0 / 10 to ASNA.
Can you provide the trend direction for Ascena Retail Group?
The current trend direction for Ascena Retail Group (ASNA) is Bearish.
Can you provide the RSI signal for Ascena Retail Group?
Ascena Retail Group (ASNA) has an RSI value of 38.8347. This indicates that the stock is currently neutral.
What is the short term momentum for ASNA stock?
The short term momentum for Ascena Retail Group (ASNA) is negative.
What is the support and resistance level for ASNA stock?
Ascena Retail Group (ASNA) has a resistance level at 0.95. Check the full technical report for our detailed analysis of ASNA support and resistance levels.