STRIVE INC-A (ASST) Technical Analysis
NASDAQ:ASST • US8629453007
Overall ASST gets a technical rating of 0 out of 10. ASST'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, ASST is a bad performer in the overall market: 90% of all stocks are doing better.
- ASST is part of the Capital Markets industry. There are 242 other stocks in this industry, of which 75% are performing better than ASST.
- ASST 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 ASST is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- ASST has an average volume of 63782100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ASST has a been trading in the 7.02 - 12.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ASST is bad and it also does not present a quality setup 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
7.85
When analyzing the support we notice one important area.
- Support @7.93 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @9.63 from a horizontal line in the daily time frame.
- Resistance @14.32 from a trend line in the daily time frame.
- Resistance @14.94 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 ASST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASST is down. |
| ChartMill Relative Strength | 10.23 | NEGATIVE | ASST has a low relative strength, it was outperformed by 89.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ASST is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.34 | NEUTRAL | The RSI value for ASST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests ASST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.78 | NEUTRAL | The Stochastics value for ASST is a neutral value. |
| Average True Range in percent/ATR (20) | 11.98 | HIGH VOLATILITY | The high ATR as a percentage value for ASST suggests high volalility. |
| Average Directional Index/ADX (14) | 21.6 | NEUTRAL | The ADX value for ASST suggests a possible start of a new trend. |
ASST Technicals: Chart, Performance Metrics, Trend & Indicators
8.7
-0.55 (-5.95%)
STRIVE INC-A / ASST FAQ
What is the ChartMill technical rating of STRIVE INC-A (ASST) stock?
ChartMill assigns a technical rating of 0 / 10 to ASST.
What is the trend direction for ASST stock?
The current trend direction for STRIVE INC-A (ASST) is Bearish.
What is the RSI signal for ASST stock?
STRIVE INC-A (ASST) has an RSI value of 41.3439. This indicates that the stock is currently neutral.
What is the MACD signal for ASST stock?
The MACD indicator for STRIVE INC-A (ASST) has a value of 0.474843, indicating a bearish trend.
Can you provide the support and resistance levels for STRIVE INC-A?
STRIVE INC-A (ASST) has a support level at 7.93 and a resistance level at 9.63. Check the full technical report for our detailed analysis of ASST support and resistance levels.