ASPEN AEROGELS INC (ASPN) Stock Technical Analysis
NYSE:ASPN • US04523Y1055
We assign a technical rating of 1 out of 10 to ASPN. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ASPN is a bad performer in the overall market: 90% of all stocks are doing better.
- ASPN is part of the Chemicals industry. There are 83 other stocks in this industry, of which 89% are performing better than ASPN.
- ASPN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- ASPN has an average volume of 1807740 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 2.30 - 3.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
3.09
When analyzing the resistance we notice one important area.
- Resistance @3.53 from a trend 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 | DOWN | NEGATIVE | The short term trend for ASPN is down. |
| ChartMill Relative Strength | 10.81 | NEGATIVE | ASPN has a low relative strength, it was outperformed by 89.19% 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 | MIXED | The current price of ASPN is below 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) | 44.6 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 44.68 | NEUTRAL | The Stochastics value for ASPN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.59 | HIGH VOLATILITY | The high ATR as a percentage value for ASPN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.37 | NEGATIVE | The low ADX value for ASPN suggests a weak or negative trend. |
3.12
-0.02 (-0.64%)
ASPEN AEROGELS INC / ASPN 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 44.5967. 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 -0.0524051, 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.