ASPEN AEROGELS INC (ASPN) Technical Analysis
NYSE:ASPN • US04523Y1055
Current stock price
ASPN Technical Rating and Analysis
Taking everything into account, ASPN scores 6 out of 10 in our technical rating. In the last year, ASPN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 65% of all other stocks performed better in the past year than ASPN.
- ASPN is one of the lesser performing stocks in the Chemicals industry. 62% of 82 stocks in the same industry do better.
- ASPN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month ASPN has a been trading in the 3.15 - 4.27 range, which is quite wide. It is currently trading near the high of this range.
- ASPN has an average volume of 1624620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ASPN Weekly and Daily overview Charts
ASPN Setup Rating and Analysis
ASPN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ASPN Support and Resistance Analysis
3.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.57 to 3.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.37 to 3.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.15 from a trend line in the weekly time frame.
ASPN Technical Indicator Signal Analysis
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 ASPN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASPN is up. |
| ChartMill Relative Strength | 35.76 | NEUTRAL | ASPN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASPN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASPN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASPN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.97 | NEUTRAL | The RSI value for ASPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ASPN has a positive trend. |
| Stochastics (14,3) | 83.89 | OVERBOUGHT | The high Stochastics value suggests ASPN may be overbought. |
| Average True Range in percent/ATR (20) | 6.89 | HIGH VOLATILITY | The high ATR as a percentage value for ASPN suggests high volalility. |
| Average Directional Index/ADX (14) | 16.09 | NEGATIVE | The low ADX value for ASPN suggests a weak or negative trend. |
ASPN Chart- and CandleStick Pattern Analysis
ASPN Technicals: Chart, Performance Metrics, Trend & Indicators
4.27
+0.56 (+15.09%)
ASPEN AEROGELS INC / ASPN TA FAQ
Can you provide the ChartMill technical rating for ASPEN AEROGELS INC?
ChartMill assigns a technical rating of 6 / 10 to ASPN.
What is the current trend direction of ASPEN AEROGELS INC (ASPN) stock?
The current trend direction for ASPEN AEROGELS INC (ASPN) is Bearish.
Can you provide the RSI signal for ASPEN AEROGELS INC?
ASPEN AEROGELS INC (ASPN) has an RSI value of 68.9696. This indicates that the stock is currently neutral.
What is the MACD signal for ASPEN AEROGELS INC (ASPN) stock?
The MACD indicator for ASPEN AEROGELS INC (ASPN) has a value of 0.0572218, indicating a bearish trend.
What is the support and resistance level for ASPN stock?
ASPEN AEROGELS INC (ASPN) has a support level at 3.61. Check the full technical report for our detailed analysis of ASPN support and resistance levels.