ASGI in upward trend: 10-day moving average broke above 50-day moving average on February 14, 2025
The 10-day moving average for ASGI crossed bullishly above the 50-day moving average on February 14, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 10, 2025. You may want to consider a long position or call options on ASGI as a result. In of 69 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
ASGI moved above its 50-day moving average on February 13, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ASGI advanced for three days, in of 286 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 236 cases where ASGI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for ASGI moved below the 200-day moving average on February 07, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
ASGI broke above its upper Bollinger Band on February 13, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
General Information
Category Unknown
ASGI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ASGI has been loosely correlated with UTF. These tickers have moved in lockstep 47% of the time. This A.I.-generated data suggests there is some statistical probability that if ASGI jumps, then UTF could also see price increases.
| Ticker / NAME | Correlation To ASGI | 1D Price Change % | ||
|---|---|---|---|---|
| ASGI | 100% | -0.66% | ||
| UTF - ASGI | 47% Loosely correlated | -0.16% | ||
| IGF - ASGI | 13% Poorly correlated | -1.21% | ||
| NFRA - ASGI | 12% Poorly correlated | -0.57% | ||
| PAVE - ASGI | 10% Poorly correlated | -1.12% | ||
| IFRA - ASGI | 10% Poorly correlated | -2.13% |