Asv Holdings Inc. (ASV) Technical Analysis
NASDAQ:ASV
Current stock price
ASV Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to ASV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASV is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- ASV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- Looking at the yearly performance, ASV did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month ASV has a been trading in a tight range between 6.96 and 7.06.
- Considerably lower volume is observed in the last couple of days.
ASV Weekly and Daily overview Charts
ASV Setup Rating and Analysis
Besides having an excellent technical rating, ASV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.04, a Stop Loss order could be placed below this zone.
More info and screens
ASV Support and Resistance Analysis
6.90
When analyzing the support we notice one important area.
- A support zone ranging from 6.97 to 7.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 7.05 to 7.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
ASV 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 | UP | POSITIVE | The long term trend for ASV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASV is up. |
| ChartMill Relative Strength | 99.51 | POSITIVE | ASV has a high relative strength, it outperformed 99.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.76 | NEUTRAL | The RSI value for ASV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ASV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80 | NEUTRAL | The Stochastics value for ASV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for ASV suggests low volalility. |
ASV Chart- and CandleStick Pattern Analysis
ASV Example Setup
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 |
|---|---|---|---|
| 7.07 | 6.99 | 0.08 (1.13%) | 25.00% |
| An entry @7.07. This is a Buy Stop order right above the resistance zone. | An exit @6.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 1.13%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
- 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.
ASV Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ASV (9/11/2019, 8:24:34 PM)
7.04
0 (0%)
Asv Holdings Inc. / ASV TA FAQ
Can you provide the ChartMill technical rating for Asv Holdings Inc.?
ChartMill assigns a technical rating of 8 / 10 to ASV.
What is the trend direction for ASV stock?
The current trend direction for Asv Holdings Inc. (ASV) is Bullish.
What is the RSI signal for Asv Holdings Inc. (ASV) stock?
Asv Holdings Inc. (ASV) has an RSI value of 69.7622. This indicates that the stock is currently neutral.
What is the buy/sell signal for ASV stock?
The buy/sell signal for Asv Holdings Inc. (ASV) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for Asv Holdings Inc. (ASV) stock?
Asv Holdings Inc. (ASV) has a support level at 7.04 and a resistance level at 7.05. Check the full technical report for our detailed analysis of ASV support and resistance levels.