Technical Analysis for ASH - Ashland Inc.

Grade Last Price % Change Price Change
F 76.21 -0.24% -0.18
ASH closed down 0.24 percent on Wednesday, November 20, 2024, on 77 percent of normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New Downtrend Bearish 0.00%
Hammer Candlestick Bullish 0.00%
New 52 Week Low Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -0.24%
Gilligan's Island Buy Setup Bullish Swing Setup -0.24%
NR7 Range Contraction -0.24%
New 52 Week Low Weakness -0.24%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 21 hours ago
Fell Below Previous Day's Low about 21 hours ago
Down 1% about 21 hours ago
New 52 Week Low about 21 hours ago
Gap Down Partially Closed about 22 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 Elastomer Energy Market 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 102.0375
52 Week Low 75.04
Average Volume 454,420
200-Day Moving Average 91.26
50-Day Moving Average 84.49
20-Day Moving Average 81.74
10-Day Moving Average 77.97
Average True Range 1.92
RSI (14) 29.58
ADX 26.0
+DI 12.80
-DI 35.69
Chandelier Exit (Long, 3 ATRs) 83.14
Chandelier Exit (Short, 3 ATRs) 80.79
Upper Bollinger Bands 89.76
Lower Bollinger Band 73.72
Percent B (%b) 0.16
BandWidth 19.62
MACD Line -2.56
MACD Signal Line -1.95
MACD Histogram -0.615
Fundamentals Value
Market Cap 3.82 Billion
Num Shares 50.1 Million
EPS 2.91
Price-to-Earnings (P/E) Ratio 26.19
Price-to-Sales 2.14
Price-to-Book 1.49
PEG Ratio -1.36
Dividend 1.49
Dividend Yield 1.96%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 78.03
Resistance 3 (R3) 77.84 77.04 77.72
Resistance 2 (R2) 77.04 76.58 77.14 77.62
Resistance 1 (R1) 76.63 76.30 76.84 76.82 77.52
Pivot Point 75.83 75.83 75.94 75.93 75.83
Support 1 (S1) 75.42 75.37 75.63 75.61 74.90
Support 2 (S2) 74.62 75.09 74.72 74.80
Support 3 (S3) 74.21 74.62 74.70
Support 4 (S4) 74.40