ALTISOURCE PORTFOLIO SOL (ASPS) Stock Technical Analysis
NASDAQ:ASPS - LU0445408270 - Common Stock
11.36 USD
-0.34 (-2.91%)
11.36 USD
0 (0%)
Overall ASPS gets a technical rating of 8 out of 10. Both in the recent history as in the last year, ASPS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ASPS is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry. ASPS outperforms 93% of them.
When comparing the yearly performance of all stocks, we notice that ASPS is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ASPS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASPS is lagging the market.
In the last month ASPS has a been trading in the 9.31 - 13.00 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.
ASPS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 11.35, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ASPS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.25
15.06
When analyzing the support we can see 5 important areas.
- A support zone ranging from 11.05 to 11.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.39 to 10.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.96 from a trend line in the daily time frame.
- Support @9.50 from a horizontal line in the daily time frame.
- Support @6.31 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @11.55 from a horizontal line in the weekly time frame.
- Resistance @12.01 from a horizontal line in the daily time frame.
- Resistance @13.62 from a trend line in the weekly time frame.
- Resistance @14.91 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for ASPS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASPS is neutral. |
| ChartMill Relative Strength | 93.78 | POSITIVE | ASPS has a high relative strength, it outperformed 93.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASPS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASPS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASPS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.91 | NEUTRAL | The RSI value for ASPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ASPS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.5 | NEUTRAL | The Stochastics value for ASPS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.18 | HIGH VOLATILITY | The high ATR as a percentage value for ASPS suggests high volalility. |
| Average Directional Index/ADX (14) | 24.11 | NEUTRAL | The ADX value for ASPS 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.56 | 11.04 | 0.52 (4.50%) | 22.23% |
| An entry @11.56. This is a Buy Stop order right above the resistance zone. | An exit @11.04. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.52 points, which is 4.50%. | When investing 22.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ASPS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.36
-0.34 (-2.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-2.91%
1 Week-5.02%
2 Weeks18.09%
1 Month2.16%
3 Month102.14%
6 Month105.8%
12 Month22.41%
2 Year-65.11%
3 Year-87.87%
5 Year-87.4%
10 Year-94.72%
15 Year-94.64%
Volatility
ATR(14)0.87
ATR(20)%8.18%
ATR Inc17.19%
Range Today0.83
ADR(20)0.91
ADR(20)%8.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.78
Mansfield3.12
10 Day High12.59
10 Day Low9.75
20 Day High13
20 Day Low9.31
52 Week High15.96
52 Week Low3.46
CS1 End11.35
CR1 Start11.55
Volume & EV
DER(3)5.78%
DER(5)3.87%
Volume10.43K
Volume Incr-16.18%
Vol(5)18.07K
Vol(50)41.70K