ASSOCIATED BANC-CORP (ASB) Stock Technical Analysis
NYSE:ASB - New York Stock Exchange, Inc. - US0454871056 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to ASB. In the last year, ASB was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, ASB did better than 71% of all other stocks. On top of that, ASB also shows a nice and consistent pattern of rising prices.
ASB has an average volume of 1931940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ASB is an average performer in the Banks industry, it outperforms 49% of 405 stocks in the same industry.
ASB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASB is lagging the market.
In the last month ASB has a been trading in the 23.00 - 25.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.74, a Stop Loss order could be placed below this zone.
More info and screens
19.80
25.62
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.90 to 23.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.28 from a trend line in the daily time frame.
- A support zone ranging from 20.00 to 20.25. 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 25.14 to 25.37. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS71.74
Mansfield0.07
10 Day High25.79
10 Day Low24.07
20 Day High25.79
20 Day Low23
52 Week High28.18
52 Week Low19.4
Performance
1 Week-3.82%
2 Weeks2.97%
1 Month0.57%
3 Month4.63%
6 Month16.49%
12 Month20.01%
2 Year10%
3 Year3.14%
5 Year23.68%
10 Year46.64%
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)0.09
RSI(14)47.93
LBB23.33
UBB26.15
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 |
|---|---|---|---|
| 25.38 | 24.06 | 1.32 (5.20%) | 19.23% |
| An entry @25.38. This is a Buy Stop order right above the resistance zone. | An exit @24.06. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.32 points, which is 5.20%. | For a 1.00% total portfolio risk, you can invest 19.23% of your capital in this trade. |
- 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.
ASSOCIATED BANC-CORP
NYSE:ASB (1/28/2025, 8:23:32 PM)
After market: 24.65 0 (0%)24.65
-0.3 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.2%
1 Week-3.82%
2 Weeks2.97%
1 Month0.57%
3 Month4.63%
6 Month16.49%
12 Month20.01%
2 Year10%
3 Year3.14%
5 Year23.68%
10 Year46.64%
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%2.77%
ATR Inc-9.07%
Range Today0.52
ADR(20)0.63
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.74
Mansfield0.07
10 Day High25.79
10 Day Low24.07
20 Day High25.79
20 Day Low23
52 Week High28.18
52 Week Low19.4
CS1 End23.74
CR1 Start25.14
Volume & EV
DER(3)2.1%
DER(5)2.87%
Volume2.53M
Volume Incr84.56%
Vol(5)2.58M
Vol(50)1.93M