ASPEN GROUP INC (ASPU) Technical Analysis

NASDAQ:ASPU • US04530L2034

Current stock price

0.1058 USD
-0.02 (-15.7%)
At close:
0.0861 USD
-0.02 (-18.62%)
After Hours:

ASPU Technical Rating and Analysis

0

Taking everything into account, ASPU scores 0 out of 10 in our technical rating. ASPU'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.

  • Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
  • When comparing the yearly performance of all stocks, ASPU is a bad performer in the overall market: 100% of all stocks are doing better.
  • ASPU is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry, of which 81% are performing better than ASPU.
  • ASPU 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 ASPU is lagging the market.
  • In the last month ASPU has a been trading in the 0.10 - 0.23 range, which is quite wide. It is currently trading near the lows of this range.
  • Prices have been falling strongly lately, it is better to avoid new long positions here.
  • ASPU has an average volume of 1036940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

ASPU Weekly and Daily overview Charts

ASPEN GROUP INC / ASPU Weekly stock chart
ASPEN GROUP INC / ASPU Daily stock chart

ASPU Setup Rating and Analysis

5

ASPU 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.

ASPU Support and Resistance Analysis

0.10

0.14

We can see 2 important resistance areas.

  • A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.14 from a trend line in the daily time frame.

ASPU 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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ASPU is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ASPU is down.
ChartMill Relative Strength0.95NEGATIVEASPU has a low relative strength, it was outperformed by 99.05% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ASPU is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ASPU is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ASPU is below a declining SMA(200).
Relative Strength Index/RSI (14)33.61NEUTRALThe RSI value for ASPU is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests ASPU has a positive trend, although the MACD value is declining.
Stochastics (14,3)16.89OVERSOLDThe low Stochastics value suggests ASPU may be oversold.
Average True Range in percent/ATR (20)31.56HIGH VOLATILITYThe high ATR as a percentage value for ASPU suggests high volalility.
Average Directional Index/ADX (14)17.34NEGATIVEThe low ADX value for ASPU suggests a weak or negative trend.

ASPU Chart- and CandleStick Pattern Analysis

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)

ASPU Technicals: Chart, Performance Metrics, Trend & Indicators

ASPEN GROUP INC / ASPU Daily stock chart

ASPEN GROUP INC

NASDAQ:ASPU (3/30/2023, 8:00:00 PM)

After market: 0.0861 -0.02 (-18.62%)

0.1058

-0.02 (-15.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryDiversified Consumer Services
Performance
% Chg-15.7%
1 Week-20.21%
2 Weeks-15.36%
1 Month-47.1%
3 Month-65.87%
6 Month-72.31%
12 Month-92.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%31.56%
ATR Inc-56.62%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.95
3 months CRSN/A
6 months CRSN/A
Mansfield-8.25
10 Day High0.16
10 Day Low0.1
20 Day High0.23
20 Day Low0.1
52 Week High1.39
52 Week Low0.1
CS1 EndN/A
CR1 Start0.12
Volume & EV
DER(3)1.73%
DER(5)-3.35%
Volume1.46M
Volume Incr-52.26%
Vol(5)939.46K
Vol(50)1.04M

ASPEN GROUP INC / ASPU TA FAQ

What is the technical rating for ASPU stock?

ChartMill assigns a technical rating of 0 / 10 to ASPU.


What is the current trend direction of ASPEN GROUP INC (ASPU) stock?

The current trend direction for ASPEN GROUP INC (ASPU) is Bearish.


What is the RSI signal for ASPEN GROUP INC (ASPU) stock?

ASPEN GROUP INC (ASPU) has an RSI value of 33.6073. This indicates that the stock is currently neutral.


Can you provide the MACD signal for ASPEN GROUP INC?

The MACD indicator for ASPEN GROUP INC (ASPU) has a value of 0.00159361, indicating a bearish trend.


What is the short term momentum for ASPEN GROUP INC (ASPU) stock?

The short term momentum for ASPEN GROUP INC (ASPU) is negative.