ASANA INC - CL A (ASAN)

US04342Y1047 - Common Stock

23.65  -2.67 (-10.14%)

After market: 23.53 -0.12 (-0.51%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to ASAN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASAN is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
ASAN is part of the Software industry. There are 278 other stocks in this industry. ASAN outperforms 85% of them.
ASAN 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 ASAN is lagging the market slightly.
In the last month ASAN has a been trading in the 13.66 - 27.77 range, which is quite wide. It is currently trading near the high of this range.
ASAN has an average volume of 3023300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ASAN is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ASAN Weekly chart
ASAN Daily chart
Setup Rating and Analysis

3

Although ASAN has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

11.26

24.39

3 important support areas can be observed.

  • A support zone ranging from 23.57 to 23.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @15.91 from a trend line in the daily time frame.
  • Support @11.37 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @24.15 from a horizontal line in the weekly time frame.
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
CRS95.13
Mansfield4.1
10 Day High27.77
10 Day Low15.37
20 Day High27.77
20 Day Low13.66
52 Week High27.77
52 Week Low11.05
Performance
1 Week-2.75%
2 Weeks49.4%
1 Month71.63%
3 Month98.41%
6 Month80.4%
12 Month20.3%
2 Year71.75%
3 Year-68.28%
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)0.59
RSI(14)64.15
LBB12.18
UBB30.27
ASAN Daily chart

ASANA INC - CL A

NYSE:ASAN (12/18/2024, 4:55:01 PM)

After market: 23.53 -0.12 (-0.51%)

23.65

-2.67 (-10.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-10.14%
1 Week-2.75%
2 Weeks49.4%
1 Month71.63%
3 Month98.41%
6 Month80.4%
12 Month20.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.03
ATR(20)%6.85%
ATR Inc
Range Today3.27
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 High27.77
10 Day Low15.37
20 Day High27.77
20 Day Low13.66
52 Week High27.77
52 Week Low11.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.92M
Volume Incr34.64%
Vol(5)5.85M
Vol(50)3.02M