ASPEN AEROGELS INC (ASPN) Stock Technical Analysis
NYSE:ASPN - New York Stock Exchange, Inc. - US04523Y1055 - Common Stock - Currency: USD
Overall ASPN gets a technical rating of 2 out of 10. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
96% of all other stocks performed better in the past year than ASPN.
ASPN is one of the lesser performing stocks in the Chemicals industry. 90% of 84 stocks in the same industry do better.
ASPN 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 ASPN is lagging the market.
ASPN has an average volume of 1957280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ASPN has a been trading in the 5.50 - 6.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ASPN has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
5.62
6.76
We found 1 important support area.
- A support zone ranging from 5.68 to 5.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.09 to 6.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.39 to 6.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.69 from a horizontal 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 ASPN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASPN is neutral. |
| ChartMill Relative Strength | 4.68 | NEGATIVE | ASPN has a low relative strength, it was outperformed by 95.32% 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) | 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) | 47.6 | NEUTRAL | The RSI value for ASPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ASPN has a negative trend. |
| Stochastics (14,3) | 47.87 | NEUTRAL | The Stochastics value for ASPN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for ASPN suggests high volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for ASPN suggests a weak or negative trend. |
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)
5.92
-0.02 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.34%
1 Week-8.92%
2 Weeks0.17%
1 Month-6.77%
3 Month-15.91%
6 Month-50.87%
12 Month-76.58%
2 Year-24.97%
3 Year-40.08%
5 Year-10.03%
10 Year-10.57%
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%5.9%
ATR Inc-0.14%
Range Today0.24
ADR(20)0.33
ADR(20)%5.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.68
Mansfield-6.17
10 Day High6.54
10 Day Low5.76
20 Day High6.92
20 Day Low5.51
52 Week High33.15
52 Week Low4.16
CS1 End5.72
CR1 Start6.09
Volume & EV
DER(3)-0.92%
DER(5)-1.58%
Volume925.30K
Volume Incr-48.46%
Vol(5)1.00M
Vol(50)1.96M