ASURE SOFTWARE INC (ASUR) Stock Technical Analysis
NASDAQ:ASUR - US04649U1025 - Common Stock
8.02 USD
-0.26 (-3.14%)
8.18 USD
+0.16 (+2%)
Overall ASUR gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ASUR is a bad performer in the overall market: 86% of all stocks are doing better.
ASUR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ASUR has a been trading in the 7.94 - 8.85 range, which is quite wide. It is currently trading near the lows of this range.
ASUR is an average performer in the Professional Services industry, it outperforms 46% of 83 stocks in the same industry.
Although the technical rating is bad, ASUR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.01, a Stop Loss order could be placed below this zone.
More info and screens
7.93
11.12
When analyzing the support we notice one important area.
- A support zone ranging from 8.01 to 8.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.67 to 8.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.87 to 11.01. 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 | DOWN | NEGATIVE | The long term trend for ASUR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASUR is down. |
| ChartMill Relative Strength | 14.29 | NEGATIVE | ASUR has a low relative strength, it was outperformed by 85.71% off all stocks 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) | 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) | 31.41 | NEUTRAL | The RSI value for ASUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ASUR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.91 | NEUTRAL | The Stochastics value for ASUR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for ASUR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.61 | NEUTRAL | The ADX value for ASUR suggests a possible start of a new 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)
8.02
-0.26 (-3.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-3.14%
1 Week-4.52%
2 Weeks-3.61%
1 Month-1.72%
3 Month-19.23%
6 Month-26.69%
12 Month-6.53%
2 Year-15.22%
3 Year40.21%
5 Year6.23%
10 Year42.7%
15 Year364.48%
Volatility
ATR(14)0.33
ATR(20)%4.54%
ATR Inc-25.02%
Range Today0.3
ADR(20)0.36
ADR(20)%4.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.29
Mansfield-2.45
10 Day High8.7
10 Day Low7.94
20 Day High8.85
20 Day Low7.94
52 Week High12.74
52 Week Low7.51
CS1 End8.01
CR1 Start8.67
Volume & EV
DER(3)-2.52%
DER(5)-1.57%
Volume100.76K
Volume Incr-38.9%
Vol(5)85.93K
Vol(50)98.08K