ASPEN AEROGELS INC (ASPN) Stock Technical Analysis
NYSE:ASPN - New York Stock Exchange, Inc. - US04523Y1055 - Common Stock - Currency: USD
Taking everything into account, ASPN scores 5 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.
79% of all other stocks performed better in the past year than ASPN.
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.
ASPN has an average volume of 2022720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ASPN is an average performer in the Chemicals industry, it outperforms 44% of 85 stocks in the same industry.
In the last month ASPN has a been trading in the 6.25 - 9.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ASPN has an average technical rating and also the quality of the setup is only medium 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
7.04
8.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.52 to 7.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.11 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.78 to 7.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.09 from a trend line in the daily time frame.
- Resistance @8.27 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 | NEUTRAL | NEUTRAL | The long term trend for ASPN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASPN is neutral. |
| ChartMill Relative Strength | 21.3 | NEGATIVE | ASPN has a low relative strength, it was outperformed by 78.7% off all stocks 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) | 53.42 | NEUTRAL | The RSI value for ASPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ASPN has a negative trend. |
| Stochastics (14,3) | 38.06 | NEUTRAL | The Stochastics value for ASPN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.71 | HIGH VOLATILITY | The high ATR as a percentage value for ASPN suggests high volalility. |
| Average Directional Index/ADX (14) | 30.39 | POSITIVE | The high ADX value value for ASPN suggests a strong 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)
7.55
-0.02 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.26%
1 Week-0.66%
2 Weeks-2.83%
1 Month10.54%
3 Month52.53%
6 Month-34.18%
12 Month-65.45%
2 Year23.97%
3 Year-41.97%
5 Year-11.18%
10 Year1.07%
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%7.71%
ATR Inc167.04%
Range Today0.56
ADR(20)0.56
ADR(20)%7.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.3
Mansfield-4.56
10 Day High9.78
10 Day Low7.13
20 Day High9.78
20 Day Low6.25
52 Week High33.15
52 Week Low4.16
CS1 End7.54
CR1 Start7.78
Volume & EV
DER(3)2.58%
DER(5)3.46%
Volume3.92M
Volume Incr102.21%
Vol(5)4.39M
Vol(50)2.02M