NASDAQ:ASO - Nasdaq - US00402L1070 - Common Stock - Currency: USD
Overall ASO gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ASO was also a bad performer in the overall market in the last year.
ASO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 43.12, a Stop Loss order could be placed below this zone.
40.04
2 important support areas can be observed.
6 important resistance areas can be observed.
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 ASO is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASO is up. |
ChartMill Relative Strength | 19.02 | NEGATIVE | ASO has a low relative strength, it was outperformed by 80.98% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASO is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASO is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASO is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 52.58 | NEUTRAL | The RSI value for ASO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ASO has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 53.79 | NEUTRAL | The Stochastics value for ASO is a neutral value. |
Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for ASO suggests some volalility. |
Average Directional Index/ADX (14) | 19.45 | NEGATIVE | The low ADX value for ASO suggests a weak or negative trend. |
44
-0.12 (-0.27%)