ASETEK A/S (ASTK.OL) Stock Technical Analysis
OSL:ASTK - Oslo Bors ASA - DK0060477263 - Common Stock - Currency: NOK
Overall ASTK gets a technical rating of 2 out of 10. ASTK 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
ASTK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ASTK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ASTK is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 79% of 30 stocks in the same industry.
When compared to the yearly performance of all other stocks, ASTK outperforms 62% of them, which is more or less in line with the market.
The technical rating of ASTK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.45
8.26
3 important support areas can be observed.
- A support zone ranging from 6.28 to 6.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.68 to 5.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.51 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.35 to 6.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.91 from a trend line in the weekly time frame.
- A resistance zone ranging from 8.14 to 8.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.26
Mansfield-2.21
10 Day High6.7
10 Day Low5.6
20 Day High8.9
20 Day Low5.6
52 Week High13.25
52 Week Low3.07
Performance
1 Week-0.94%
2 Weeks-0.94%
1 Month-20.55%
3 Month9.31%
6 Month-17.23%
12 Month14.65%
2 Year-81.19%
3 Year-92.45%
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)-0.07
RSI(14)38.16
LBB5.61
UBB7.29
ASETEK A/S
OSL:ASTK (3/26/2024, 7:00:00 PM)
6.34
+0.06 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.96%
1 Week-0.94%
2 Weeks-0.94%
1 Month-20.55%
3 Month9.31%
6 Month-17.23%
12 Month14.65%
2 Year-81.19%
3 Year-92.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%6.66%
ATR Inc22.94%
Range Today0.78
ADR(20)0.42
ADR(20)%6.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.26
Mansfield-2.21
10 Day High6.7
10 Day Low5.6
20 Day High8.9
20 Day Low5.6
52 Week High13.25
52 Week Low3.07
CS1 End6.29
CR1 Start6.35
Volume & EV
DER(3)2.02%
DER(5)1.21%
Volume200.90K
Volume Incr-10.51%
Vol(5)60.07K
Vol(50)61.01K