ASSOCIATED BANC-CORP (ASB)

US0454871056 - Common Stock

27.31  +0.6 (+2.25%)

After market: 27.31 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, ASB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASB is showing a nice and steady performance.

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 ASB is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, ASB also shows a nice and consistent pattern of rising prices.
ASB is part of the Banks industry. There are 405 other stocks in this industry. ASB outperforms 77% of them.
ASB 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 ASB is lagging the market slightly.
In the last month ASB has a been trading in the 22.88 - 28.18 range, which is quite wide. It is currently trading near the high of this range.
ASB has an average volume of 1724790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ASB Weekly chart
ASB Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, ASB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 26.90, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

19.84

27.58

6 important support areas can be observed.

  • A support zone ranging from 26.60 to 26.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 25.84 to 26.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @24.68 from a trend line in the daily time frame.
  • Support @21.80 from a trend line in the weekly time frame.
  • Support @21.43 from a horizontal line in the daily time frame.
  • A support zone ranging from 20.04 to 20.47. 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
CRS87.73
Mansfield1.2
10 Day High28.18
10 Day Low25.8
20 Day High28.18
20 Day Low22.88
52 Week High28.18
52 Week Low17.3
Performance
1 Week2.67%
2 Weeks1.98%
1 Month19.21%
3 Month21.16%
6 Month28.58%
12 Month54.03%
2 Year11.02%
3 Year24.7%
5 Year27.38%
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)-0.06
RSI(14)66.17
LBB24.9
UBB28.63
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
28.1926.591.60 (5.68%)17.62%
An entry @28.19. This is a Buy Stop order right above the 10 day high.An exit @26.59. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.60 points, which is 5.68%.When investing 17.62% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
ASB Daily chart

ASSOCIATED BANC-CORP

NYSE:ASB (11/22/2024, 8:24:00 PM)

After market: 27.31 0 (0%)

27.31

+0.6 (+2.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.25%
1 Week2.67%
2 Weeks1.98%
1 Month19.21%
3 Month21.16%
6 Month28.58%
12 Month54.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.01
ATR(20)%3.22%
ATR Inc
Range Today0.71
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 High28.18
10 Day Low25.8
20 Day High28.18
20 Day Low22.88
52 Week High28.18
52 Week Low17.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.93M
Volume Incr36.89%
Vol(5)2.92M
Vol(50)1.72M