ABRDN GLOBAL INFRASTRUCTURE (ASGI) Stock Technical Analysis
NYSE:ASGI - New York Stock Exchange, Inc. - US00326W1062 - Currency: USD
We assign a technical rating of 6 out of 10 to ASGI. In the past year, ASGI was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
ASGI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 18.47, a Stop Loss order could be placed below this zone.
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16.66
2 important support areas can be observed.
- A support zone ranging from 17.91 to 18.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.83 to 17.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @18.60 from a horizontal line in the daily time frame.
- Resistance @19.87 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.21 to 20.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 18.61 | 17.90 | 0.71 (3.82%) | 25.00% |
| An entry @18.61. This is a Buy Stop order right above the resistance zone. | An exit @17.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.71 points, which is 3.82%. | For a 0.95% total portfolio risk, you can invest 25.00% 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.
NYSE:ASGI (4/25/2025, 8:04:00 PM)
18.56
-0.02 (-0.11%)