TASKUS INC-A (TASK) Stock Technical Analysis
NASDAQ:TASK • US87652V1098
We assign a technical rating of 0 out of 10 to TASK. TASK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, TASK is a bad performer in the overall market: 83% of all stocks are doing better.
- TASK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- TASK is part of the IT Services industry. There are 87 other stocks in this industry, TASK did better than 63% of them.
- In the last month TASK has a been trading in the 9.55 - 11.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, TASK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.59. Right above this resistance zone may be a good entry point.
More info and screens
10.34
We can see 2 important resistance areas.
- A resistance zone ranging from 10.59 to 10.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.74 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 | 17.17 | NEGATIVE | TASK has a low relative strength, it was outperformed by 82.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TASK is below 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) | 42.35 | NEUTRAL | The RSI value for TASK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TASK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.29 | NEUTRAL | The Stochastics value for TASK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for TASK suggests some volalility. |
| Average Directional Index/ADX (14) | 26.51 | POSITIVE | The high ADX value value for TASK suggests a strong trend. |
NASDAQ:TASK (2/24/2026, 9:42:28 AM)
10.445
+0.13 (+1.31%)
TASKUS INC-A / TASK FAQ
What is the technical rating for TASK stock?
ChartMill assigns a technical rating of 0 / 10 to TASK.
What is the trend direction for TASK stock?
The current trend direction for TASKUS INC-A (TASK) is Bearish.
What is the RSI signal for TASKUS INC-A (TASK) stock?
TASKUS INC-A (TASK) has an RSI value of 42.3461. This indicates that the stock is currently neutral.
What is the MACD signal for TASKUS INC-A (TASK) stock?
The MACD indicator for TASKUS INC-A (TASK) has a value of 0.0316508, indicating a bearish trend.
Can you provide the short term momentum for TASKUS INC-A?
The short term momentum for TASKUS INC-A (TASK) is negative.