ASA GOLD AND PRECIOUS METALS (ASA) Stock Technical Analysis
NYSE:ASA - New York Stock Exchange, Inc. - BMG3156P1032 - Currency: USD
We assign a technical rating of 10 out of 10 to ASA. Both in the recent history as in the last year, ASA 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.
When comparing the yearly performance of all stocks, we notice that ASA is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by ASA over the past year are nicely spread over this period.
ASA is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month ASA has a been trading in the 23.93 - 26.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ASA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 25.35, a Stop Loss order could be placed below this zone.
More info and screens
20.13
26.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.95 to 25.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.32 to 24.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.80 from a trend line in the weekly time frame.
- Support @20.33 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.92
Mansfield2.66
10 Day High26.02
10 Day Low23.93
20 Day High26.8
20 Day Low23.93
52 Week High26.8
52 Week Low14.55
Performance
1 Week5.65%
2 Weeks2.83%
1 Month2.42%
3 Month24.95%
6 Month37.47%
12 Month72.05%
2 Year60.89%
3 Year15.08%
5 Year150.15%
10 Year155.85%
15 Year3.81%
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)-0.09
RSI(14)61.71
LBB24.13
UBB26.1
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 |
|---|---|---|---|
| 26.03 | 24.94 | 1.09 (4.19%) | 23.88% |
| An entry @26.03. This is a Buy Stop order right above the 10 day high. | An exit @24.94. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.09 points, which is 4.19%. | When investing 23.88% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ASA. 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.
NYSE:ASA (3/7/2025, 8:05:41 PM)
25.79
+0.44 (+1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.74%
1 Week5.65%
2 Weeks2.83%
1 Month2.42%
3 Month24.95%
6 Month37.47%
12 Month72.05%
2 Year60.89%
3 Year15.08%
5 Year150.15%
10 Year155.85%
15 Year3.81%
Volatility
ATR(14)0.83
ATR(20)%3.52%
ATR Inc-20.73%
Range Today0.63
ADR(20)0.88
ADR(20)%3.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.92
Mansfield2.66
10 Day High26.02
10 Day Low23.93
20 Day High26.8
20 Day Low23.93
52 Week High26.8
52 Week Low14.55
CS1 End25.35
CR1 StartN/A
Volume & EV
DER(3)-2.39%
DER(5)-3.58%
Volume27.60K
Volume Incr-47.93%
Vol(5)32.02K
Vol(50)61.80K