ASURE SOFTWARE INC (ASUR) Technical Analysis
NASDAQ:ASUR • US04649U1025
Current stock price
ASUR Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ASUR. 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.
- When comparing the yearly performance of all stocks, ASUR is a bad performer in the overall market: 78% of all stocks are doing better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ASUR is part of the Professional Services industry. There are 87 other stocks in this industry, ASUR did better than 68% of them.
- ASUR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASUR is lagging the market slightly.
- In the last month ASUR has a been trading in the 7.70 - 9.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASUR Weekly and Daily overview Charts
ASUR Setup Rating and Analysis
ASUR has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
ASUR Support and Resistance Analysis
7.35
When analyzing the support we can see 3 important areas.
- Support @8.07 from a trend line in the daily time frame.
- Support @7.90 from a horizontal line in the daily time frame.
- Support @7.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 8.60 to 8.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.08 from a trend line in the daily time frame.
- A resistance zone ranging from 9.46 to 9.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.64 from a trend line in the daily time frame.
- Resistance @9.89 from a trend line in the weekly time frame.
ASUR Technical Indicator Signal Analysis
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 | 22.85 | NEGATIVE | ASUR has a low relative strength, it was outperformed by 77.15% 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) | 49.35 | NEUTRAL | The RSI value for ASUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ASUR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.84 | NEUTRAL | The Stochastics value for ASUR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for ASUR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.58 | NEGATIVE | The low ADX value for ASUR suggests a weak or negative trend. |
ASUR Chart- and CandleStick Pattern Analysis
ASUR Technicals: Chart, Performance Metrics, Trend & Indicators
8.45
+0.11 (+1.32%)
ASURE SOFTWARE INC / ASUR TA FAQ
Can you provide the ChartMill technical rating for ASURE SOFTWARE INC?
ChartMill assigns a technical rating of 1 / 10 to ASUR.
What is the current trend direction of ASURE SOFTWARE INC (ASUR) stock?
The current trend direction for ASURE SOFTWARE INC (ASUR) is Bearish.
What is the RSI signal for ASUR stock?
ASURE SOFTWARE INC (ASUR) has an RSI value of 49.3479. This indicates that the stock is currently neutral.
What is the short term momentum for ASUR stock?
The short term momentum for ASURE SOFTWARE INC (ASUR) is neutral.