NYSEARCA:ASIA - NYSE Arca - US5771305787 - ETF - Currency: USD
Overall ASIA gets a technical rating of 2 out of 10. ASIA 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, ASIA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.44, a Stop Loss order could be placed below this zone.
23.78
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important areas.
25.72
-0.06 (-0.23%)