ASURE SOFTWARE INC (ASUR) Stock Technical Analysis
USA - NASDAQ:ASUR - US04649U1025 - Common Stock
Overall ASUR gets a technical rating of 2 out of 10. ASUR'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.
ASUR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ASUR in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
7.72
2 important support areas can be observed.
- Support @8.03 from a horizontal line in the daily time frame.
- A support zone ranging from 7.80 to 7.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.38 to 8.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.86 to 8.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.68 to 10.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ASUR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASUR is neutral. |
| ChartMill Relative Strength | 26.13 | NEGATIVE | ASUR has a low relative strength, it was outperformed by 73.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ASUR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASUR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASUR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.1 | NEUTRAL | The RSI value for ASUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ASUR has a negative trend. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for ASUR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for ASUR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.29 | NEGATIVE | The low ADX value for ASUR suggests a weak or negative trend. |
8.16
-0.3 (-3.55%)
ASURE SOFTWARE INC / ASUR FAQ
Can you provide the ChartMill technical rating for ASURE SOFTWARE INC?
ChartMill assigns a technical rating of 2 / 10 to ASUR.
Can you provide the trend direction for ASURE SOFTWARE INC?
The current trend direction for ASURE SOFTWARE INC (ASUR) is Bearish.
Can you provide the RSI signal for ASURE SOFTWARE INC?
ASURE SOFTWARE INC (ASUR) has an RSI value of 46.0973. This indicates that the stock is currently neutral.
What is the short term momentum for ASURE SOFTWARE INC (ASUR) stock?
The short term momentum for ASURE SOFTWARE INC (ASUR) is neutral.
What are the support and resistance levels for ASURE SOFTWARE INC (ASUR) stock?
ASURE SOFTWARE INC (ASUR) has a support level at 8.03 and a resistance level at 8.38. Check the full technical report for our detailed analysis of ASUR support and resistance levels.