12.22 USD
-0.29 (-2.32%)
12.22 USD
0 (0%)
We assign a technical rating of 1 out of 10 to TASK. TASK 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
91% of all other stocks performed better in the past year than TASK.
TASK is one of the lesser performing stocks in the IT Services industry. 70% of 85 stocks in the same industry do better.
TASK 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.
In the last month TASK has a been trading in the 10.68 - 12.65 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
TASK has a poor technical rating and the quality of the setup is also only medium 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
11.05
18.11
When analyzing the support we notice one important area.
- Support @11.16 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 12.37 to 12.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.88 from a horizontal line in the daily time frame.
- Resistance @17.93 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TASK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TASK is neutral. |
| ChartMill Relative Strength | 9.18 | NEGATIVE | TASK has a low relative strength, it was outperformed by 90.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TASK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TASK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TASK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.44 | NEUTRAL | The RSI value for TASK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests TASK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.09 | OVERBOUGHT | The high Stochastics value suggests TASK may be overbought. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for TASK suggests some volalility. |
| Average Directional Index/ADX (14) | 26.49 | POSITIVE | The high ADX value value for TASK suggests a strong trend. |
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)
12.22
-0.29 (-2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-2.32%
1 Week-1.13%
2 Weeks6.54%
1 Month3.74%
3 Month-29.61%
6 Month-26.91%
12 Month-33.8%
2 Year-6.5%
3 Year-27.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%2.86%
ATR Inc15.77%
Range Today0.47
ADR(20)0.34
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.18
3 months CRS8.77
6 months CRS10.24
Mansfield-2.85
10 Day High12.65
10 Day Low11.45
20 Day High12.65
20 Day Low10.68
52 Week High18.59
52 Week Low10.68
CS1 End11.16
CR1 Start12.37
Volume & EV
DER(3)0.28%
DER(5)-0.26%
Volume244.50K
Volume Incr-25.6%
Vol(5)277.20K
Vol(50)530.97K
TASKUS INC-A / TASK FAQ
What is the technical rating for TASK stock?
ChartMill assigns a technical rating of 1 / 10 to TASK.
Can you provide the trend direction for TASKUS INC-A?
The current trend direction for TASKUS INC-A (TASK) is Bearish.
Can you provide the RSI signal for TASKUS INC-A?
TASKUS INC-A (TASK) has an RSI value of 49.4401. This indicates that the stock is currently neutral.
What is the short term momentum for TASKUS INC-A (TASK) stock?
The short term momentum for TASKUS INC-A (TASK) is neutral.