We assign a technical rating of 0 out of 10 to TASK. TASK 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 technical rating of TASK 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
11.05
When analyzing the support we notice one important area.
- Support @11.16 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.07 to 12.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.88 from a horizontal line in the daily time frame.
- Resistance @17.95 from a trend 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 | DOWN | NEGATIVE | The long term trend for TASK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TASK is down. |
| ChartMill Relative Strength | 11.23 | NEGATIVE | TASK has a low relative strength, it was outperformed by 88.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TASK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TASK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TASK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.05 | NEUTRAL | The RSI value for TASK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests TASK has a positive trend. |
| Stochastics (14,3) | 76.85 | NEUTRAL | The Stochastics value for TASK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for TASK suggests some volalility. |
| Average Directional Index/ADX (14) | 36.48 | POSITIVE | The high ADX value value for TASK suggests a strong trend. |
12.06
+0.26 (+2.2%)
TASKUS INC-A / TASK FAQ
What is the technical rating for TASK stock?
ChartMill assigns a technical rating of 0 / 10 to TASK.
Can you provide the trend direction for TASKUS INC-A?
The current trend direction for TASKUS INC-A (TASK) is Bearish.
Can you provide the RSI signal for TASKUS INC-A?
TASKUS INC-A (TASK) has an RSI value of 47.0532. This indicates that the stock is currently neutral.
What is the short term momentum for TASKUS INC-A (TASK) stock?
The short term momentum for TASKUS INC-A (TASK) is negative.
Can you provide the buy/sell signal for TASKUS INC-A?
The buy/sell signal for TASKUS INC-A (TASK) is sell as both the short term and long term trends are negative.