Overall ASUR gets a technical rating of 5 out of 10. In the last year, ASUR was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, ASUR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.17, a Stop Loss order could be placed below this zone.
7.73
3 important support areas can be observed.
We found 1 important resistance area.
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 ASUR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASUR is neutral. |
| ChartMill Relative Strength | 32.97 | NEUTRAL | ASUR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASUR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASUR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASUR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.32 | NEUTRAL | The RSI value for ASUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ASUR has a negative trend. |
| Stochastics (14,3) | 30.18 | NEUTRAL | The Stochastics value for ASUR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for ASUR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.39 | NEGATIVE | The low ADX value for ASUR suggests a weak or negative trend. |
9.22
-0.01 (-0.11%)
ChartMill assigns a technical rating of 5 / 10 to ASUR.
The current trend direction for ASURE SOFTWARE INC (ASUR) is Bullish.
ASURE SOFTWARE INC (ASUR) has an RSI value of 46.3248. This indicates that the stock is currently neutral.
The short term momentum for ASURE SOFTWARE INC (ASUR) is neutral.