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 2 out of 10 in our technical rating. In the past year, ASPN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ASPN is a bad performer in the overall market: 95% of all stocks are doing better.
ASPN is one of the lesser performing stocks in the Chemicals industry. 85% of 85 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.
In the last month ASPN has a been trading in the 4.16 - 6.70 range, which is quite wide. It is currently trading near the high of this range.
ASPN has an average volume of 2009350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
The technical rating of ASPN is bad and it also does not present a quality setup 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
6.32
6.75
When analyzing the support we notice one important area.
- A support zone ranging from 6.38 to 6.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for ASPN is up. |
| ChartMill Relative Strength | 5.95 | NEGATIVE | ASPN has a low relative strength, it was outperformed by 94.05% 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) | DOWN | MIXED | The current price of ASPN is above 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) | 57.34 | NEUTRAL | The RSI value for ASPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ASPN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.95 | OVERBOUGHT | The high Stochastics value suggests ASPN may be overbought. |
| Average True Range in percent/ATR (20) | 7.44 | HIGH VOLATILITY | The high ATR as a percentage value for ASPN suggests high volalility. |
| Average Directional Index/ADX (14) | 22.63 | NEUTRAL | The ADX value for ASPN suggests a possible start of a new 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)
6.68
+0.29 (+4.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg4.54%
1 Week0.79%
2 Weeks29.09%
1 Month15.14%
3 Month-20.52%
6 Month-55.35%
12 Month-78.46%
2 Year-2.74%
3 Year-63.53%
5 Year3.06%
10 Year-7.39%
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%7.44%
ATR Inc-5.2%
Range Today0.56
ADR(20)0.41
ADR(20)%6.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.95
Mansfield-6.23
10 Day High6.7
10 Day Low5.2
20 Day High6.7
20 Day Low4.16
52 Week High33.15
52 Week Low4.16
CS1 EndN/A
CR1 Start6.4
Volume & EV
DER(3)5.76%
DER(5)3.01%
Volume2.89M
Volume Incr13.17%
Vol(5)2.58M
Vol(50)2.01M