ASPEN GROUP INC (ASPU) Stock Technical Analysis
NASDAQ:ASPU - Nasdaq - US04530L2034 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ASPU. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than ASPU.
ASPU is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry, of which 82% are performing better than ASPU.
ASPU 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.
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.
Although the technical rating is bad, ASPU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
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.
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 ASPU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASPU is down. |
| ChartMill Relative Strength | 0.95 | NEGATIVE | ASPU has a low relative strength, it was outperformed by 99.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASPU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASPU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASPU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.61 | NEUTRAL | The RSI value for ASPU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ASPU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.89 | OVERSOLD | The low Stochastics value suggests ASPU may be oversold. |
| Average True Range in percent/ATR (20) | 31.56 | HIGH VOLATILITY | The high ATR as a percentage value for ASPU suggests high volalility. |
| Average Directional Index/ADX (14) | 17.34 | NEGATIVE | The low ADX value for ASPU suggests a weak or negative 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)
0.1058
-0.02 (-15.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
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
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