TASKUS INC-A (TASK)

US87652V1098 - Common Stock

12.08  +0.14 (+1.17%)

After market: 12.08 0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to TASK. In the past year, TASK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

63% of all other stocks performed better in the past year than TASK.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TASK has a been trading in the 10.56 - 12.33 range, which is quite wide. It is currently trading near the high of this range.
TASK is an average performer in the IT Services industry, it outperforms 56% of 86 stocks in the same industry.
TASK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TASK is lagging the market slightly.
Weekly and Daily overview Charts
TASK Weekly chart
TASK Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, TASK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.01, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.55

13.50

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 11.85 to 12.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.21 from a trend line in the weekly time frame.
  • A support zone ranging from 10.66 to 10.93. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 13.34 to 13.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.99
Mansfield-0.44
10 Day High12.33
10 Day Low10.87
20 Day High12.33
20 Day Low10.56
52 Week High14.67
52 Week Low7.95
Performance
1 Week4.23%
2 Weeks5.59%
1 Month11.96%
3 Month-2.34%
6 Month19.49%
12 Month2.11%
2 Year-50.85%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.14
RSI(14)58.36
LBB10.55
UBB12.21
TASK Daily chart

TASKUS INC-A

NASDAQ:TASK (5/3/2024, 3:30:00 PM)

After market: 12.08 0 (0%)

12.08

+0.14 (+1.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.17%
1 Week4.23%
2 Weeks5.59%
1 Month11.96%
3 Month-2.34%
6 Month19.49%
12 Month2.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.49
ATR(20)%4.44%
ATR Inc
Range Today0.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.33
10 Day Low10.87
20 Day High12.33
20 Day Low10.56
52 Week High14.67
52 Week Low7.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume204.17K
Volume Incr-4.21%
Vol(5)195.81K
Vol(50)222.61K