ADVANSIX INC (ASIX) Stock Technical Analysis
NYSE:ASIX - New York Stock Exchange, Inc. - US00773T1016 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ASIX. ASIX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
69% of all other stocks performed better in the past year than ASIX.
In the last month ASIX has a been trading in the 26.75 - 31.10 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ASIX is part of the Chemicals industry. There are 85 other stocks in this industry, ASIX did better than 57% of them.
ASIX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASIX is lagging the market slightly.
Although the technical rating is bad, ASIX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 26.74, a Stop Loss order could be placed below this zone.
More info and screens
25.79
33.20
2 important support areas can be observed.
- A support zone ranging from 26.50 to 26.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- Resistance @26.99 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 28.83 to 29.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.42 from a horizontal line in the daily time frame.
- Resistance @31.00 from a trend line in the weekly time frame.
- A resistance zone ranging from 32.00 to 32.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.87 from a horizontal line 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
CRS31.15
Mansfield-0.7
10 Day High31.03
10 Day Low26.75
20 Day High31.1
20 Day Low26.75
52 Week High33
52 Week Low20.86
Performance
1 Week-6.55%
2 Weeks-9.67%
1 Month-14.26%
3 Month-14.8%
6 Month-0.63%
12 Month-0.22%
2 Year-29.92%
3 Year-47.5%
5 Year181.13%
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)-0.31
RSI(14)31.63
LBB27.06
UBB31.14
26.82
-1.1 (-3.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.94%
1 Week-6.55%
2 Weeks-9.67%
1 Month-14.26%
3 Month-14.8%
6 Month-0.63%
12 Month-0.22%
2 Year-29.92%
3 Year-47.5%
5 Year181.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%4.01%
ATR Inc2.28%
Range Today1.72
ADR(20)1.02
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.15
Mansfield-0.7
10 Day High31.03
10 Day Low26.75
20 Day High31.1
20 Day Low26.75
52 Week High33
52 Week Low20.86
CS1 End26.74
CR1 Start26.99
Volume & EV
DER(3)-1.54%
DER(5)0.34%
Volume238.80K
Volume Incr87.69%
Vol(5)223.74K
Vol(50)140.79K