ASURE SOFTWARE INC (ASUR) Stock Technical Analysis
USA - NASDAQ:ASUR - US04649U1025 - Common Stock
We assign a technical rating of 1 out of 10 to ASUR. ASUR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ASUR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
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.
We can see 4 important resistance areas.
- A resistance zone ranging from 8.22 to 8.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.66 to 8.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 10.83. 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 | DOWN | NEGATIVE | The short term trend for ASUR is down. |
| ChartMill Relative Strength | 24.47 | NEGATIVE | ASUR has a low relative strength, it was outperformed by 75.53% 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) | 44.39 | NEUTRAL | The RSI value for ASUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ASUR has a negative trend. |
| Stochastics (14,3) | 18.54 | OVERSOLD | The low Stochastics value suggests ASUR may be oversold. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for ASUR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.42 | NEGATIVE | The low ADX value for ASUR suggests a weak or negative trend. |
8.07
-0.09 (-1.1%)
ASURE SOFTWARE INC / ASUR FAQ
Can you provide the ChartMill technical rating for ASURE SOFTWARE INC?
ChartMill assigns a technical rating of 1 / 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 44.3864. 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 negative.
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 8.22. Check the full technical report for our detailed analysis of ASUR support and resistance levels.