TASKUS INC-A (TASK) Stock Technical Analysis
NASDAQ:TASK - US87652V1098 - Common Stock
17.53 USD
+0.13 (+0.75%)
We assign a technical rating of 9 out of 10 to TASK. Both in the recent history as in the last year, TASK 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, TASK did better than 78% of all other stocks. We also observe that the gains produced by TASK over the past year are nicely spread over this period.
TASK is one of the better performing stocks in the IT Services industry, it outperforms 70% of 83 stocks in the same industry.
TASK 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 TASK is lagging the market slightly.
In the last month TASK has a been trading in a tight range between 16.96 and 17.66.
Besides having an excellent technical rating, TASK also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 17.38, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
12.97
17.71
3 important support areas can be observed.
- A support zone ranging from 16.60 to 17.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.57 from a trend line in the weekly time frame.
- Support @13.10 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 | UP | POSITIVE | The long term trend for TASK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TASK is up. |
| ChartMill Relative Strength | 78.1 | POSITIVE | TASK has a high relative strength, it outperformed 78.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TASK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TASK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TASK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.75 | NEUTRAL | The RSI value for TASK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TASK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.48 | NEUTRAL | The Stochastics value for TASK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for TASK suggests low volalility. |
| Average Directional Index/ADX (14) | 60.16 | POSITIVE | The high ADX value value for TASK suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 17.67 | 17.17 | 0.50 (2.83%) | 25.00% |
| An entry @17.67. This is a Buy Stop order right above the 10 day high. | An exit @17.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.50 points, which is 2.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- 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.
NASDAQ:TASK (8/29/2025, 3:30:51 PM)
17.53
+0.13 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.75%
1 Week0.17%
2 Weeks0.87%
1 Month1.87%
3 Month4.82%
6 Month23.32%
12 Month30.83%
2 Year75.76%
3 Year16.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.97%
ATR Inc44.55%
Range Today0.17
ADR(20)0.17
ADR(20)%0.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.1
Mansfield0.43
10 Day High17.66
10 Day Low17.18
20 Day High17.66
20 Day Low16.96
52 Week High19.6
52 Week Low10.57
CS1 End17.38
CR1 StartN/A
Volume & EV
DER(3)-1.98%
DER(5)-1.82%
Volume189.87K
Volume Incr10.65%
Vol(5)233.68K
Vol(50)212.03K