Technical analysis from Asos (ASC.L, LON:ASC) on the London Stock Exchange (LSE). Download the latest price data & trading signals

Asos
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Asos: Closed Window
Closed Window /
Asos: Closed Window

[BEARISH]: Asos has Gapped Down on previous bar.

[Downtrend]: Recent trading for ASC indicates ST trend is likely to continue
Weighted Moving Average /
[Downtrend]: Recent trading for ASC indicates ST trend is likely to continue

[BEARISH]: Asos currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -5.6%.

Volume /
Asos: Daily volume is 1.01266e+006 [Higher Volume]

[BULLISH]: Asos current volume uptrend in the first timeframe. Volume for ASC is 1.01266e+006 (154.4).

Medium Trend /
Second timeframe trend of Asos has signalled an Downtrend

[BEARISH]: Asos is in an downtrend in the medium term timeframe. The current rally number is 1 & the highest rally count for the LTM is 33. The highest rally for the month is 15

Simple Moving Average /
Simple Moving Average(5) signal continues for Asos indicating downward price movement is likely

[BEARISH]: Asos currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -5.6%.

Volume Rate of Change /
Volume rate of change(14) is increasing for Asos

ASC: VROC Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH CROSSOVER (3) 20 Jun: BULLISH CROSSOVER

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Elder Ray Index /
[Bearish]: Elder Ray Index is -443.821 indicating bear power

[BEARISH]: Asos Elder Ray Index is signalling a Bearish movementERI is -443.821 indicating bear power. Prices are being driven below the consensus of value for ASC during the last trading session [Selling Pressure]

Average Directional Movement /
Daily trading has confirmed an ADX weak trend (24.54) for Asos

[Weak Trend]: ADX for ASC has confirmed a weak trend is present. Asos has an ATR(14) of 181.227, a DX of 34.33 & an ADX(14) of 24.54

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Limit order for a short position has been identified for Asos [Bearish]
Woodie Pivot Point /
Limit order for a short position has been identified for Asos [Bearish]

Asos current pivot point (Woodie) is: $6277. The current resistance levels are: (R1) $6416: (R2) $6641The current support levels are: (S1) $6052: (S2) $5913

The current price is still gaining momentum through a rise for ASC on the short term EMA.
Percentage Price /
The current price is still gaining momentum through a rise for ASC on the short term EMA.

[BULLISH]: Asos currently has positive PPO 0.295%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Moving Average Envelope /
Lower envelope oversold signal had been maintained for Asos

[BULLISH]: Asos current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 6197.96.

Demarks Pivot Points /
Limit order for a short position has been identified for Asos [Bearish]

Asos has broken the first DeMark support point ($6253) [Bearish]. Look for a short limit order entry near this point. Exit price for ASC should be set @$6004.0000 & short position stoploss for Asos should be set at $6368

Open Tod Vs Close Tod /
Asos: Over the last month there has been 3 trading days giving a confirmation ratio of 20%.

[BEARISH STRONG]: Asos opened in the upper part of daily range at 91.8% & closed in the lower part of the trading range at 26.4%. This suggests the sellers were in control all day. Over the last 12 months there has been 43 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 16.3%. Over the last month there has been 3 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 20%.

Asos: Range Performance (106.8)
Range Tod Vs Range Yest /
Asos: Range Performance (106.8)

[BEARISH]: Asos sellers are increasingly eager. There has been 2 consecutive days of range increase for ASC adding strength to an uptrend in the first timeframe. The biggest price range this month has been $758.0000 & the greatest daily price range this year has been $2032.0000. The price range ratio this week versus the quarterly price range is 0.8x & the price range ratio this month versus the year to date price range is 0.4x.

The biggest upward movement for Asos this month has been -5.6
Close Tod Vs Close Yest /
The biggest upward movement for Asos this month has been -5.6

ASC: Recent performance signals ->(1) 22 Jun: NEUTRAL (2) 21 Jun: NEUTRAL (3) 20 Jun: BULLISH

Ulcer Index /
Ulcer index has fallen as the price rises for Asos

[BEARISH]: Asos UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.026.

Low Price /
Asos: Daily low price is $6138 [Lower low]

[BULLISH]: Asos current downtrend in the first timeframe. Currently, the Low is $6138 (-5.9 %).

Daily Volume Index /
Traders are currently distributing Asos

[BEARISH]: Asos current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -1120.

Asos: Sine Weighted Moving Average(5) (6557.71)
Sine Weighted Moving Average /
Asos: Sine Weighted Moving Average(5) (6557.71)

[BEARISH]: Asos currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -5.6%.

A short term Gap Down has formed with Asos
Gap Down /
A short term Gap Down has formed with Asos

[BULLISH]: A short term Gap Down has formed with Asos which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 3 occurrences of this bar reversal giving a signal probability of 1.1%.

Asos currently has negative momentum of -466
Momentum /
Asos currently has negative momentum of -466

ASC: MOM Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

Accumulation / Distribution /
Traders are currently accumulating Asos

ASC: ADLINE Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Fibonacci Extensions /
The 161.8% Fibonacci extension level for ASC has moved to the upper limit. Stoploss should be positioned @$314.17

Asos has moved above the 161.8% level ($294.97) [Bearish]. Look for a short limit order entry near this point. Exit price for ASC should be set @$275.77 & short position stoploss for Asos should be set at $314.17

Ease of Movement /
Trading session closed lower on low volume for Asos [Bearish]

ASC: EOM Current Signal -> (1) 22 Jun: BEARISH EASY (2) 21 Jun: BEARISH EASY (3) 20 Jun: BULLISH EASY

Bollinger Bands /
[BULLISH CROSSOVER]: Asos current price has driven Bollinger Band to become oversold signalling the start of bullish trading conditions.

[BULLISH CROSSOVER]: Asos has initiated an oversold signal, highlighting the potential for a short term trend reversal in the upward direction. The current level is -32.51% with a current width of 7.27.

High for ASC has not surpassed the high of the previous trading session
High Price /
High for ASC has not surpassed the high of the previous trading session

[BEARISH]: Asos current downtrend in the first timeframe. Currently, the HIGH is -2.9 %.

ASC Basic Candle: Black
Black Candle /
ASC Basic Candle: Black

ASC: Basic Candlestick Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BULLISH

MACD /
Negative momentum on the MACD histogram for ASC is maintained & supports a bearish move is likely

ASC: MACD Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

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