Ascena Retail Group (ASNA) Stock Technical Analysis
NASDAQ:ASNA - Nasdaq -
Overall ASNA gets a technical rating of 0 out of 10. ASNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ASNA is a bad performer in the overall market: 100% of all stocks are doing better.
ASNA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ASNA is lagging the market.
In the last month ASNA has a been trading in the 0.57 - 1.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ASNA has an average volume of 3031020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, ASNA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.60
1.01
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. |
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)
0.6063
-0.11 (-15.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-15.67%
1 Week-29.5%
2 Weeks-24.21%
1 Month-57%
3 Month-50.3%
6 Month-85.83%
12 Month-89.4%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%33.6%
ATR Inc-25.7%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.28
Mansfield-8.7
10 Day High1.45
10 Day Low0.57
20 Day High1.45
20 Day Low0.57
52 Week High12.6
52 Week Low0.57
CS1 EndN/A
CR1 Start0.95
Volume & EV
DER(3)-11.93%
DER(5)-9.89%
Volume1.93M
Volume Incr-32.36%
Vol(5)3.02M
Vol(50)3.03M