Asana had a nice pop today and is currently up 6.93% -- which is pretty good. Investors have a more positive outlook for the company and future revenue.
It looks like Asana isn't currently at a very decisive point in regards to support/resistance levels. Momentum wise Asana, has been oscillating up and down but hasn't shown much directional energy that would be predictive to the near future. ASAN may hit some resistance around the 14.81 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.
The analysts are pretty neutral on Asana right now, so not much useful information here. The current Analysts Sentiment Score is 4.48. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Bank of America announced that they are initiating coverage with a rating of Buy on 2024-02-26 and added a price target of $25.00. Piper Sandler gave a boost to their price target and moved to $18.00 from $16.00 on 2024-01-02. HSBC released a downgrade on 2023-12-06 from Hold to Reduce and added a price target of $18.00. DA Davidson reiterated a rating of Neutral on 2023-12-06. Morgan Stanley announced a lowering of their price target to $21.00 from $23.00 on 2023-12-06. Oppenheimer reiterated a rating of Outperform on 2023-12-06 and added a price target of $28.00. UBS Group initiated a rating of Neutral on 2023-10-12 and provided a price target of $20.00. On 2023-10-04 Citigroup lowered their price target by -16.67% to $20.00. Royal Bank of Canada announced that they are reiterating a rating of Underperform on 2023-10-04 and added a price target of $10.00. FBN Securities announced a lowering of their price target to $23.00 from $28.00 on 2023-10-03.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| ASAN | 4.48 | 7.57 | -2.95 | 6.23 | -1.89 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| ASAN | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| ASAN | 8.94 | %13.6 | 3.8 | 3.3 | 10220000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| ASAN |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
