ASTROTECH CORP (ASTC)
US0464843095 - Common Stock
We assign a technical rating of 6 out of 10 to ASTC. In the last year, ASTC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ASTC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASTC is lagging the market.
In the last month ASTC has a been trading in the 8.90 - 10.22 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ASTC has an average volume of 3010 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When compared to the yearly performance of all other stocks, ASTC outperforms 40% of them, which is more or less in line with the market.
ASTC is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry, ASTC did better than 51% of them.
Considerably lower volume is observed in the last couple of days.
ASTC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 9.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.06, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.23
14.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.03 to 9.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.20 from a trend line in the daily time frame.
- Support @7.30 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 9.22 to 9.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.68 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.22 to 10.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @14.45 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.23
Mansfield-1.63
10 Day High9.5
10 Day Low8.94
20 Day High10.22
20 Day Low8.9
52 Week High15.11
52 Week Low7
Performance
1 Week-3.06%
2 Weeks-0.33%
1 Month-5.22%
3 Month13.52%
6 Month-4.52%
12 Month-12.37%
2 Year-44.58%
3 Year-74.16%
5 Year-91.39%
10 Year-97.93%
15 Year-94.01%
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)48.11
LBB8.87
UBB9.74
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 |
|---|---|---|---|
| 9.45 | 9.02 | 0.43 (4.55%) | 21.98% |
| An entry @9.45. This is a Buy Stop order right above the resistance zone. | An exit @9.02. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.43 points, which is 4.55%. | When investing 21.98% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ASTC. Please evaluate whether better entry and exit points can be found.
- 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.
ASTROTECH CORP
NASDAQ:ASTC (5/3/2024, 7:00:01 PM)
9.0701
+0.02 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.22%
1 Week-3.06%
2 Weeks-0.33%
1 Month-5.22%
3 Month13.52%
6 Month-4.52%
12 Month-12.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.3
ATR(20)%4.48%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.5
10 Day Low8.94
20 Day High10.22
20 Day Low8.9
52 Week High15.11
52 Week Low7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.70K
Volume Incr-31.93%
Vol(5)1.94K
Vol(50)3.01K