Technical Analysis for ASH - Ashland Inc.

Grade Last Price % Change Price Change
D 92.07 -2.56% -2.42
ASH closed down 2.56 percent on Monday, July 1, 2024, on 1.2 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Hammer Candlestick Bullish -2.56%
Pocket Pivot Bullish Swing Setup -2.56%
Lower Bollinger Band Walk Weakness -2.56%
Gapped Up Strength -2.56%

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Profile

Ashland Inc. Description

Ashland Inc., a specialty chemical company, provides specialty chemicals, technologies, and insights for customer needs worldwide. It operates through four segments: Ashland Specialty Ingredients, Ashland Water Technologies, Ashland Performance Materials, and Ashland Consumer Markets. The Ashland Specialty Ingredients segment offers products, technologies, and resources for solving formulation and product-performance challenges in personal care, pharmaceutical, food and beverage, coatings, construction, and energy markets. It provides solutions using natural, synthetic, and semisynthetic polymers derived from plant and seed extract, cellulose ethers, and vinyl pyrrolidones for consumer and industrial applications. The Ashland Water Technologies segment supplies specialty chemicals to the pulp and paper, commercial and institutional, mining, chemicals, general manufacturing, and municipal wastewater-treatment industries. The Ashland Performance Materials segment offers unsaturated polyester resins and epoxy vinyl ester resins, gelcoats, pressure-sensitive and structural adhesives, specialty coatings, and elastomers serving the construction, transportation, infrastructure, packaging and converting, and energy markets. It also provides metal casting consumables and design services for foundry management. The Ashland Consumer Markets segment produce and distributes automotive, commercial, and industrial lubricants and car-care products. It operates and franchises approximately 860 Valvoline Instant Oil Change centers in the United States. This segment also markets Valvoline lubricants and automotive chemicals, MaxLife lubricants for cars with higher mileage engines, NextGen motor oil, SynPower synthetic motor oil, Eagle One and Car Brite automotive appearance products, and Zerex antifreeze. The company was founded in 1924 and is headquartered in Covington, Kentucky.


Classification

Sector: Basic Materials
Industry: Chemicals
Keywords: Mining Chemical Beverage Adhesives Polymers Energy Market Elastomer Ethers Fine Chemical Cellulose Speciality Chemicals Chemical Industry Polyester Lubricant Antifreeze Motor Oil Epoxy Oil Change Appearance Products Automotive Chemicals Lubrizol Synthetic Motor Oil The Pulp And Paper Valvoline Instant Oil Change

Is ASH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 102.5
52 Week Low 69.8977
Average Volume 372,945
200-Day Moving Average 87.71
50-Day Moving Average 97.33
20-Day Moving Average 97.36
10-Day Moving Average 95.62
Average True Range 1.92
RSI (14) 31.97
ADX 15.39
+DI 15.23
-DI 32.56
Chandelier Exit (Long, 3 ATRs) 96.75
Chandelier Exit (Short, 3 ATRs) 97.51
Upper Bollinger Bands 102.11
Lower Bollinger Band 92.61
Percent B (%b) -0.06
BandWidth 9.76
MACD Line -1.12
MACD Signal Line -0.49
MACD Histogram -0.6396
Fundamentals Value
Market Cap 4.61 Billion
Num Shares 50.1 Million
EPS 2.91
Price-to-Earnings (P/E) Ratio 31.64
Price-to-Sales 2.14
Price-to-Book 1.49
PEG Ratio -1.36
Dividend 1.49
Dividend Yield 1.62%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 96.92
Resistance 3 (R3) 97.35 96.17 96.11
Resistance 2 (R2) 96.17 94.94 95.95 95.84
Resistance 1 (R1) 94.12 94.17 93.53 93.69 95.57
Pivot Point 92.94 92.94 92.65 92.72 92.94
Support 1 (S1) 90.89 91.71 90.30 90.46 88.57
Support 2 (S2) 89.71 90.94 89.49 88.30
Support 3 (S3) 87.66 89.71 88.03
Support 4 (S4) 87.23