We assign a technical rating of 7 out of 10 to ASRV. Although ASRV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, ASRV also presents 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 3.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.11, a Stop Loss order could be placed below this zone.
More info and screens
2.76
3 important support areas can be observed.
- A support zone ranging from 3.03 to 3.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.86 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.79 to 2.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.22 to 3.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ASRV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASRV is up. |
| ChartMill Relative Strength | 79.53 | POSITIVE | ASRV has a high relative strength, it outperformed 79.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASRV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASRV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASRV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.69 | NEUTRAL | The RSI value for ASRV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASRV has a positive trend. |
| Stochastics (14,3) | 74.76 | NEUTRAL | The Stochastics value for ASRV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for ASRV suggests some volalility. |
| Average Directional Index/ADX (14) | 19.67 | NEGATIVE | The low ADX value for ASRV suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 3.24 | 3.02 | 0.22 (6.79%) | 14.73% |
| An entry @3.24. This is a Buy Stop order right above the resistance zone. | An exit @3.02. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.22 points, which is 6.79%. | For a 1.00% total portfolio risk, you can invest 14.73% of your capital in this trade. |
- 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.
3.19
+0.06 (+1.92%)
AMERISERV FINANCIAL INC / ASRV FAQ
What is the technical rating for ASRV stock?
ChartMill assigns a technical rating of 7 / 10 to ASRV.
Can you provide the trend direction for AMERISERV FINANCIAL INC?
The current trend direction for AMERISERV FINANCIAL INC (ASRV) is Bullish.
What is the RSI signal for ASRV stock?
AMERISERV FINANCIAL INC (ASRV) has an RSI value of 56.694. This indicates that the stock is currently neutral.
What is the MACD signal for AMERISERV FINANCIAL INC (ASRV) stock?
The MACD indicator for AMERISERV FINANCIAL INC (ASRV) has a value of 0.00976356, indicating a bearish trend.
What is the buy/sell signal for ASRV stock?
The buy/sell signal for AMERISERV FINANCIAL INC (ASRV) is buy as both the short term and long term trends are positive.