ASPEN AEROGELS INC (ASPN) Technical Analysis
NYSE:ASPN • US04523Y1055
Current stock price
ASPN Technical Rating and Analysis
Taking everything into account, ASPN scores 1 out of 10 in our technical rating. ASPN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- When comparing the yearly performance of all stocks, ASPN is a bad performer in the overall market: 82% of all stocks are doing better.
- ASPN is one of the lesser performing stocks in the Chemicals industry. 85% of 83 stocks in the same industry do better.
- ASPN is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 3.02 - 3.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ASPN has an average volume of 1543630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
ASPN Weekly and Daily overview Charts
ASPN Setup Rating and Analysis
ASPN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.58. Right above this resistance zone may be a good entry point.
More info and screens
ASPN Support and Resistance Analysis
3.02
When analyzing the support we can see 2 important areas.
- Support @3.20 from a trend line in the daily time frame.
- Support @3.05 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.58 to 3.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 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 | 18.42 | NEGATIVE | ASPN has a low relative strength, it was outperformed by 81.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ASPN is below the rising 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) | 49.13 | NEUTRAL | The RSI value for ASPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASPN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.56 | NEUTRAL | The Stochastics value for ASPN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.74 | HIGH VOLATILITY | The high ATR as a percentage value for ASPN suggests high volalility. |
| Average Directional Index/ADX (14) | 14.24 | 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
3.3
-0.12 (-3.51%)
ASPEN AEROGELS INC / ASPN TA FAQ
Can you provide the ChartMill technical rating for ASPEN AEROGELS INC?
ChartMill assigns a technical rating of 1 / 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 49.1254. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ASPEN AEROGELS INC?
The MACD indicator for ASPEN AEROGELS INC (ASPN) has a value of 0.0094661, 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 neutral.