Why Aspen Technology, Inc. ($AZPN) Is Acting Slightly Strange (2019-11-19)

REPORTING FOR 2019-11-19 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how AZPN has been trading over the last 2 weeks and the past day especially. On its latest session, Aspen Technology, Inc. ($AZPN) opened at 118.72, reaching a high of 119.776 and a low of 118.025 before closing at a price of 119.12. There was a total volume of 274351.

VOLUME INDICATORS FOR ASPEN TECHNOLOGY, INC. ($AZPN): We saw an accumulation-distribution index of 775.11236, an on-balance volume of -118.72, chaikin money flow of 2.31629 and a force index of 1.7073. There was an ease of movement rating of 0.0054, a volume-price trend of -6.50387 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ASPEN TECHNOLOGY, INC. ($AZPN): We noted an average true range of 2.12426, bolinger bands of 119.20891, an upper bollinger band of 115.54609, lower bollinger band of 118.025, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 118.84033, high band keltner channel of 117.78433, low band keltner channel of 119.89633, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 118.025, a donchian channel low band of 118.025, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ASPEN TECHNOLOGY, INC. ($AZPN): We calculated a Moving Average Convergence Divergence (MACD) of -0.02905, a MACD signal of -0.01614, a MACD difference of -0.01291, a fast Exponential Moving Average (EMA) indicator of 118.025, a slow Exponential Moving Average (EMA) indicator of 118.025, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.99571, a trix of -3.35941, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 6.8057, a KST Oscillator (KST) of -54.51946 and a KST Oscillator (KST Signal) of -54.51946 (leaving a KST difference of -2.59351). We also found an Ichimoku rating of 119.248, an Ichimoku B rating of 119.248, a Ichimoku visual trend A of 126.21417, an Ichimoku visual trend B of 124.08923, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR ASPEN TECHNOLOGY, INC. ($AZPN): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 24.95888, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -34.64101, a stochastic oscillator of 165.81439, a stochastic oscillator signal of 165.81439, a Williams %R rating of 65.81439 and an awesome oscillator of -0.16433.

RETURNS FOR ASPEN TECHNOLOGY, INC. ($AZPN): There was a daily return of -5.45195, a daily log return of -1.10329 and a cumulative return of -1.09723.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-19 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Aspen Technology, Inc. ($AZPN)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Aspen Technology, Inc. ($AZPN) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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