ASST Technical Analysis - STRIVE INC-A

Technical Rating and Analysis

We assign a technical rating of 4 out of 10 to ASST. Although ASST is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

ASST is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month ASST has a been trading in the 3.64 - 12.60 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.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

ASST is one of the better performing stocks in the Media industry, it outperforms 93% of 99 stocks in the same industry.

ASST has an average volume of 5434650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long and short term trends are both neutral. This gives a pretty neutral overall picture!

Looking at the yearly performance, ASST did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ASST has an average technical rating and it also does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.64

3.72

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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.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	NEUTRAL	NEUTRAL	The long term trend for ASST is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ASST is neutral.
ChartMill Relative Strength	93.6	POSITIVE	ASST has a high relative strength, it outperformed 93.6% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ASST is below 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)	UP	POSITIVE	The current price of ASST is above the rising SMA(200).
Relative Strength Index/RSI (14)	40.92	NEUTRAL	The RSI value for ASST is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.21	NEGATIVE	The MACD value suggests ASST has a negative trend.
Stochastics (14,3)	7.48	OVERSOLD	The low Stochastics value suggests ASST may be oversold.
Average True Range in percent/ATR (20)	39.42	HIGH VOLATILITY	The high ATR as a percentage value for ASST suggests high volalility.
Average Directional Index/ADX (14)	32.48	POSITIVE	The high ADX value value for ASST suggests a strong trend.