ASTRANA HEALTH INC (ASTH) Stock Technical Analysis
NASDAQ:ASTH - Nasdaq - US03763A2078 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ASTH. ASTH'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ASTH is a bad performer in the overall market: 96% of all stocks are doing better.
ASTH is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, of which 81% are performing better than ASTH.
ASTH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ASTH has a been trading in the 23.69 - 26.87 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ASTH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 24.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ASTH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
23.76
29.15
When analyzing the support we notice one important area.
- A support zone ranging from 24.00 to 24.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @25.75 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 26.41 to 26.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.86 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 ASTH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASTH is neutral. |
| ChartMill Relative Strength | 4.71 | NEGATIVE | ASTH has a low relative strength, it was outperformed by 95.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASTH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASTH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASTH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.06 | NEUTRAL | The RSI value for ASTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ASTH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.65 | NEUTRAL | The Stochastics value for ASTH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for ASTH suggests some volalility. |
| Average Directional Index/ADX (14) | 14.11 | NEGATIVE | The low ADX value for ASTH suggests a weak or negative 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)
24.9
-0.71 (-2.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2.77%
1 Week-1.5%
2 Weeks0.73%
1 Month-5.54%
3 Month-24.77%
6 Month-15.54%
12 Month-47.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.27
ATR(20)%4.63%
ATR Inc-2.52%
Range Today0.86
ADR(20)1.14
ADR(20)%4.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.71
Mansfield-4.05
10 Day High25.96
10 Day Low24.11
20 Day High26.87
20 Day Low23.69
52 Week High63.2
52 Week Low23.12
CS1 End24.29
CR1 Start25.75
Volume & EV
DER(3)3.77%
DER(5)3.02%
Volume310.50K
Volume Incr-3.54%
Vol(5)256.90K
Vol(50)271.60K