ASSET ENTITIES INC-B (ASST) Stock Technical Analysis
NASDAQ:ASST - Nasdaq - US04541A2042 - Common Stock - Currency: USD
Overall ASST gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ASST has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
ASST is part of the Media industry. There are 97 other stocks in this industry. ASST outperforms 98% of them.
ASST has an average volume of 20075400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ASST is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ASST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASST is lagging the market.
In the last month ASST has a been trading in the 3.62 - 10.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ASST has an excellent technical rating, it does not present a decent entry opportunity 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
4.11
7.21
When analyzing the support we notice one important area.
- Support @4.15 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.05 to 7.14. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for ASST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASST is up. |
| ChartMill Relative Strength | 99.8 | POSITIVE | ASST has a high relative strength, it outperformed 99.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASST is above the rising 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) | 57.1 | NEUTRAL | The RSI value for ASST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests ASST has a positive trend. |
| Stochastics (14,3) | 42.51 | NEUTRAL | The Stochastics value for ASST is a neutral value. |
| Average True Range in percent/ATR (20) | 15.21 | HIGH VOLATILITY | The high ATR as a percentage value for ASST suggests high volalility. |
| Average Directional Index/ADX (14) | 28.98 | POSITIVE | The high ADX value value for ASST suggests a strong 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)
6.66
-0.2 (-2.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-2.92%
1 Week55.97%
2 Weeks66.92%
1 Month0.91%
3 Month1287.21%
6 Month1135.62%
12 Month320.19%
2 Year10.08%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%15.21%
ATR Inc6.84%
Range Today0.69
ADR(20)0.97
ADR(20)%14.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.8
Mansfield22.68
10 Day High10.45
10 Day Low3.62
20 Day High10.45
20 Day Low3.62
52 Week High13.42
52 Week Low0.34
CS1 End4.15
CR1 Start7.05
Volume & EV
DER(3)1.51%
DER(5)2.74%
Volume2.39M
Volume Incr831.95%
Vol(5)23.44M
Vol(50)20.08M