NYSEARCA:ASHR - NYSE Arca - US2330518794 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to ASHR. ASHR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, ASHR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.77, a Stop Loss order could be placed below this zone.
23.11
We found 3 important support areas.
3 important resistance areas can be observed.
25.88
+0.02 (+0.08%)