ASSET ENTITIES INC-B (ASST) Stock Technical Analysis
NASDAQ:ASST - Nasdaq - US04541A2042 - Common Stock - Currency: USD
Taking everything into account, ASST scores 2 out of 10 in our technical rating. ASST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ASST is a bad performer in the overall market: 93% of all stocks are doing better.
ASST is one of the lesser performing stocks in the Media industry. 80% of 93 stocks in the same industry do better.
ASST is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ASST has a been trading in the 0.50 - 1.20 range, which is quite wide. It is currently trading near the lows of this range.
ASST has an average volume of 17262000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ASST does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ASST in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.57
1.18
We found 2 important support areas.
- Support @0.60 from a trend line in the daily time frame.
- Support @0.58 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.87 from a trend line in the weekly time frame.
- Resistance @1.06 from a trend line in the daily time frame.
- Resistance @1.17 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.6
Mansfield-5.91
10 Day High0.86
10 Day Low0.51
20 Day High1.2
20 Day Low0.5
52 Week High4.25
52 Week Low0.34
Performance
1 Week3.15%
2 Weeks-8.72%
1 Month-37.99%
3 Month2.91%
6 Month-39.14%
12 Month-73.7%
2 Year-92.08%
3 YearN/A
5 YearN/A
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)-0.01
RSI(14)49.89
LBB0.52
UBB0.76
0.6573
+0.06 (+10.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg10.45%
1 Week3.15%
2 Weeks-8.72%
1 Month-37.99%
3 Month2.91%
6 Month-39.14%
12 Month-73.7%
2 Year-92.08%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%21.53%
ATR Inc-45.84%
Range Today0.09
ADR(20)0.13
ADR(20)%20.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.6
Mansfield-5.91
10 Day High0.86
10 Day Low0.51
20 Day High1.2
20 Day Low0.5
52 Week High4.25
52 Week Low0.34
CS1 End0.6
CR1 Start0.67
Volume & EV
DER(3)4.3%
DER(5)2.73%
Volume1.22M
Volume Incr-97.39%
Vol(5)848.08K
Vol(50)17.26M