ASURE SOFTWARE INC (ASUR) Stock Technical Analysis
NASDAQ:ASUR - Nasdaq - US04649U1025 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to ASUR. Although ASUR has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ASUR is part of the Professional Services industry. There are 82 other stocks in this industry. ASUR outperforms 82% of them.
In the last month ASUR has a been trading in the 8.31 - 10.29 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ASUR did better than 86% of all other stocks. However, ASUR's most recent performance is quite weak.
ASUR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
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 9.83. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
8.52
12.08
5 important support areas can be observed.
- A support zone ranging from 9.40 to 9.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.20 from a trend line in the weekly time frame.
- A support zone ranging from 9.02 to 9.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.81 to 8.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.61 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.83 to 9.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.17 from a horizontal line in the daily time frame.
- Resistance @11.96 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.29
Mansfield0.66
10 Day High10.29
10 Day Low8.97
20 Day High10.29
20 Day Low8.31
52 Week High12.74
52 Week Low7.05
Performance
1 Week0.92%
2 Weeks7.56%
1 Month0.2%
3 Month-16.92%
6 Month15.39%
12 Month39.49%
2 Year-16.85%
3 Year65.32%
5 Year58.9%
10 Year61.25%
15 Year503.69%
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)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)52.62
LBB8.87
UBB10.21
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.94 | 9.39 | 0.55 (5.53%) | 18.07% |
| An entry @9.94. This is a Buy Stop order right above the resistance zone. | An exit @9.39. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.55 points, which is 5.53%. | When investing 18.07% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ASUR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.82
-0.34 (-3.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-3.35%
1 Week0.92%
2 Weeks7.56%
1 Month0.2%
3 Month-16.92%
6 Month15.39%
12 Month39.49%
2 Year-16.85%
3 Year65.32%
5 Year58.9%
10 Year61.25%
15 Year503.69%
Volatility
ATR(14)0.5
ATR(20)%5.99%
ATR Inc-7.91%
Range Today0.46
ADR(20)0.55
ADR(20)%5.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.29
Mansfield0.66
10 Day High10.29
10 Day Low8.97
20 Day High10.29
20 Day Low8.31
52 Week High12.74
52 Week Low7.05
CS1 End9.4
CR1 Start9.83
Volume & EV
DER(3)1.74%
DER(5)0.25%
Volume107.10K
Volume Incr-17.84%
Vol(5)65.92K
Vol(50)91.82K