Aspen Technology Technical Analysis Overview

AZPN -- USA Stock  

USD 98.98  3.11  3.05%

Aspen Technology shows Risk Adjusted Performance of 0.31 and Mean Deviation of 1.33. Aspen Technology technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Aspen Technology which can be compared to its rivals. Please confirm Aspen Technology Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if Aspen Technology is priced correctly providing market reflects its regular price of 98.98 per share. Given that Aspen Technology has Jensen Alpha of 0.36, we suggest you validate Aspen Technology prevailing market performance to make sure the company can sustain itself at future point.
Horizon     30 Days    Login   to change

Aspen Technology Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Aspen Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Aspen Technology Trend Analysis

Use this graph to draw trend lines for Aspen Technology. You can use it to identify possible trend reversals for Aspen Technology as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Aspen Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Aspen Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Aspen Technology applied against its price change over selected period. The best fit line has a slop of 0.86 % which may suggest that Aspen Technology market price will keep on failing further. It has 34 observation points and a regression sum of squares at 596.79, which is the sum of squared deviations for the predicted Aspen Technology price change compared to its average price change.

Diversify with Aspen Technology

Build Optimal Portfolios

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add Aspen Technology to your portfolio

Aspen Technology Market Strength

Aspen Technology October 21, 2018 Daily Price Condition

Check also Trending Equities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.