ASURE SOFTWARE INC (ASUR)

US04649U1025 - Common Stock

7.03  -0.93 (-11.68%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to ASUR. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ASUR is a bad performer in the overall market: 89% of all stocks are doing better.
ASUR is one of the lesser performing stocks in the Professional Services industry. 80% of 81 stocks in the same industry do better.
ASUR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ASUR is lagging the market.
In the last month ASUR has a been trading in the 6.90 - 8.09 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
ASUR Weekly chart
ASUR Daily chart
Setup Rating and Analysis

2

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.

Support and Resistance Analysis

6.75

9.51

We found 2 important support areas.

  • Support @6.98 from a horizontal line in the weekly time frame.
  • A support zone ranging from 6.82 to 6.83. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 7.97 to 8.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @8.67 from a trend line in the daily time frame.
  • Resistance @9.02 from a trend line in the weekly time frame.
  • Resistance @9.42 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.22
Mansfield-2.74
10 Day High8.09
10 Day Low6.9
20 Day High8.09
20 Day Low6.9
52 Week High15.88
52 Week Low6.31
Performance
1 Week12.75%
2 Weeks14.53%
1 Month5.71%
3 Month-12.91%
6 Month-6.24%
12 Month-41.68%
2 Year34.01%
3 Year-5.8%
5 Year23.79%
10 Year28.18%
15 Year6533.33%
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)0.13
RSI(14)59.03
LBB6.67
UBB7.77
ASUR Daily chart

ASURE SOFTWARE INC

NASDAQ:ASUR (5/3/2024, 2:00:12 PM)

7.03

-0.93 (-11.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-11.68%
1 Week12.75%
2 Weeks14.53%
1 Month5.71%
3 Month-12.91%
6 Month-6.24%
12 Month-41.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.26
ATR(20)%3.37%
ATR Inc
Range Today0.65
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.09
10 Day Low6.9
20 Day High8.09
20 Day Low6.9
52 Week High15.88
52 Week Low6.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume463.10K
Volume Incr37.58%
Vol(5)223.28K
Vol(50)211.79K