ASURE SOFTWARE INC (ASUR) Stock Technical Analysis
NASDAQ:ASUR - Nasdaq - US04649U1025 - Common Stock - Currency: USD
We assign a technical rating of 0 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: 82% 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 7.70 - 10.68 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ASUR is part of the Professional Services industry. There are 82 other stocks in this industry, ASUR did better than 49% of them.
Volume is considerably higher in the last couple of days.
The technical rating of ASUR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.07
11.27
We found 1 important support area.
- A support zone ranging from 8.15 to 8.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.81 to 9.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.07 to 11.16. 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 | 18.78 | NEGATIVE | ASUR has a low relative strength, it was outperformed by 81.22% 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) | 26.89 | OVERSOLD | The low RSI value suggests ASUR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests ASUR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.48 | OVERSOLD | The low Stochastics value suggests ASUR may be oversold. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for ASUR suggests high volalility. |
| Average Directional Index/ADX (14) | 27.35 | POSITIVE | The high ADX value value for ASUR suggests a strong 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)
8.21
-0.05 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.61%
1 Week-1.91%
2 Weeks-21.51%
1 Month-19.03%
3 Month-17.74%
6 Month-27.09%
12 Month0.24%
2 Year-34.53%
3 Year50.92%
5 Year21.99%
10 Year47.66%
15 Year382.94%
Volatility
ATR(14)0.56
ATR(20)%6.34%
ATR Inc25.49%
Range Today0.6
ADR(20)0.5
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.78
Mansfield-2.28
10 Day High10.51
10 Day Low7.7
20 Day High10.68
20 Day Low7.7
52 Week High12.74
52 Week Low7.51
CS1 End8.2
CR1 Start9.81
Volume & EV
DER(3)-5.67%
DER(5)-1.33%
Volume122.50K
Volume Incr96.79%
Vol(5)168.07K
Vol(50)85.33K