Taking everything into account, AZPN scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AZPN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, AZPN did better than 90% of all other stocks. We also observe that the gains produced by AZPN over the past year are nicely spread over this period.
- AZPN is part of the Software industry. There are 278 other stocks in this industry. AZPN outperforms 93% of them.
- AZPN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AZPN is lagging the market slightly.
- In the last month AZPN has a been trading in a tight range between 263.33 and 266.70.
- Volume is considerably higher in the last couple of days.
AZPN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
180.92
When analyzing the support we can see 6 important areas.
- A support zone ranging from 259.45 to 260.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @250.94 from a horizontal line in the daily time frame.
- A support zone ranging from 245.30 to 246.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @233.66 from a horizontal line in the weekly time frame.
- Support @194.72 from a trend line in the weekly time frame.
- Support @182.75 from a horizontal line in the weekly time frame.
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 AZPN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZPN is up. |
| ChartMill Relative Strength | 90.12 | POSITIVE | AZPN has a high relative strength, it outperformed 90.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AZPN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AZPN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AZPN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.35 | NEUTRAL | The RSI value for AZPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests AZPN has a negative trend. |
| Stochastics (14,3) | 41.87 | NEUTRAL | The Stochastics value for AZPN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for AZPN suggests low volalility. |
| Average Directional Index/ADX (14) | 30.69 | POSITIVE | The high ADX value value for AZPN suggests a strong trend. |
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 |
|---|---|---|---|
| 264.65 | 263.35 | 1.30 (0.49%) | 25.00% |
| An entry @264.65. This is a Buy Stop order right above the 10 day moving average. | An exit @263.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.30 points, which is 0.49%. | For a 0.12% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AZPN. Please evaluate whether better entry and exit points can be found.
- 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.
264.33
+0.03 (+0.01%)
ASPEN TECHNOLOGY INC / AZPN FAQ
What is the technical rating for AZPN stock?
ChartMill assigns a technical rating of 9 / 10 to AZPN.
What is the current trend direction of ASPEN TECHNOLOGY INC (AZPN) stock?
The current trend direction for ASPEN TECHNOLOGY INC (AZPN) is Bullish.
What is the RSI signal for AZPN stock?
ASPEN TECHNOLOGY INC (AZPN) has an RSI value of 54.3546. This indicates that the stock is currently neutral.
What is the short term momentum for AZPN stock?
The short term momentum for ASPEN TECHNOLOGY INC (AZPN) is positive.
Can you provide the buy/sell signal for ASPEN TECHNOLOGY INC?
The buy/sell signal for ASPEN TECHNOLOGY INC (AZPN) is buy as both the short term and long term trends are positive.