ASPEN AEROGELS INC (ASPN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ASPN - US04523Y1055 - Common Stock
Taking everything into account, ASPN scores 0 out of 10 in our technical rating. ASPN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ASPN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.80
When analyzing the resistance we notice 2 important areas.
- Resistance @2.98 from a horizontal line in the daily time frame.
- Resistance @4.95 from a trend line in the weekly 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 ASPN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASPN is down. |
| ChartMill Relative Strength | 2.39 | NEGATIVE | ASPN has a low relative strength, it was outperformed by 97.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASPN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASPN is below a declining 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) | 29.71 | OVERSOLD | The low RSI value suggests ASPN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ASPN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.02 | OVERSOLD | The low Stochastics value suggests ASPN may be oversold. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for ASPN suggests high volalility. |
| Average Directional Index/ADX (14) | 33.67 | POSITIVE | The high ADX value value for ASPN suggests a strong trend. |
2.83
-0.12 (-4.07%)
ASPEN AEROGELS INC / ASPN FAQ
Can you provide the ChartMill technical rating for ASPEN AEROGELS INC?
ChartMill assigns a technical rating of 0 / 10 to ASPN.
Can you provide the trend direction for ASPEN AEROGELS INC?
The current trend direction for ASPEN AEROGELS INC (ASPN) is Bearish.
What is the RSI signal for ASPEN AEROGELS INC (ASPN) stock?
ASPEN AEROGELS INC (ASPN) has an RSI value of 29.7118. This indicates that the stock is currently oversold.
Can you provide the MACD signal for ASPEN AEROGELS INC?
The MACD indicator for ASPEN AEROGELS INC (ASPN) has a value of 0.075173, indicating a bearish trend.
What is the short term momentum for ASPEN AEROGELS INC (ASPN) stock?
The short term momentum for ASPEN AEROGELS INC (ASPN) is negative.