AUTOWEB INC (AUTO) Technical Analysis
NASDAQ:AUTO • US05335B1008
Current stock price
AUTO Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to AUTO. AUTO 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AUTO is a bad performer in the overall market: 94% of all stocks are doing better.
- AUTO is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 75% are performing better than AUTO.
- AUTO 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 AUTO is lagging the market.
- In the last month AUTO has a been trading in the 0.38 - 0.42 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- Volume is considerably higher in the last couple of days.
AUTO Weekly and Daily overview Charts
AUTO Setup Rating and Analysis
Although the technical rating is bad, AUTO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.38, a Stop Loss order could be placed below this zone.
More info and screens
AUTO Support and Resistance Analysis
0.38
When analyzing the support we notice one important area.
- Strong support @0.38 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.39 to 0.39. 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 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
AUTO 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 | DOWN | NEGATIVE | The long term trend for AUTO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AUTO is down. |
| ChartMill Relative Strength | 6.16 | NEGATIVE | AUTO has a low relative strength, it was outperformed by 93.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AUTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AUTO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AUTO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.3 | NEUTRAL | The RSI value for AUTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AUTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.43 | OVERSOLD | The low Stochastics value suggests AUTO may be oversold. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for AUTO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.28 | NEGATIVE | The low ADX value for AUTO suggests a weak or negative trend. |
AUTO Chart- and CandleStick Pattern Analysis
AUTO Technicals: Chart, Performance Metrics, Trend & Indicators
0.388
+0 (+0.78%)
AUTOWEB INC / AUTO TA FAQ
Can you provide the ChartMill technical rating for AUTOWEB INC?
ChartMill assigns a technical rating of 2 / 10 to AUTO.
What is the current trend direction of AUTOWEB INC (AUTO) stock?
The current trend direction for AUTOWEB INC (AUTO) is Bearish.
What is the RSI signal for AUTO stock?
AUTOWEB INC (AUTO) has an RSI value of 43.3011. This indicates that the stock is currently neutral.
What is the short term momentum for AUTO stock?
The short term momentum for AUTOWEB INC (AUTO) is negative.
What is the buy/sell signal for AUTOWEB INC (AUTO) stock?
The buy/sell signal for AUTOWEB INC (AUTO) is sell as both the short term and long term trends are negative.