RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ASH
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Ashland Inc stock upgraded from Buy Candidate to Strong Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 02, 2024 Gain 6.61% PDF

The Ashland Inc stock price gained 2.47% on the last trading day (Wednesday, 27th Mar 2024), rising from $95.26 to $97.61. During the last trading day the stock fluctuated 1.94% from a day low at $95.78 to a day high of $97.64. The price has risen in 6 of the last 10 days and is up by 2.21% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 178 thousand more shares were traded than the day before. In total, 388 thousand shares were bought and sold for approximately $37.91 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 23.17% during the next 3 months and, with a 90% probability hold a price between $114.39 and $131.79 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

ASH Signals & Forecast

The Ashland Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $96.15 and $94.31. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 24, 2024, and so far it has risen 24.58%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Ashland Inc stock

Ashland Inc finds support from accumulated volume at $94.46 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.86 between high and low, or 1.94%. For the last week the stock has had daily average volatility of 1.58%.

Our recommended stop-loss: $93.82 (-3.88%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 44 days ago.)

Trading Expectations (ASH) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Ashland Inc to open at $97.01, and during the day (based on 14 day Average True Range), to move between $96.01 and $99.21, which gives a possible trading interval of +/-$1.60 (+/-1.64%) up or down from last closing price. If Ashland Inc takes out the full calculated possible swing range there will be an estimated 3.29% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $94.46, some $3.15 (3.23%) from the current price of $97.61, our system finds the risk reward attractive.

Is Ashland Inc stock A Buy?

Ashland Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.651 Strong Buy Candidate Upgraded

Predicted Opening Price for Ashland Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$97.01 ( 0.615%) $97.61

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ASH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 98.87 1.29 %
R2 98.16 0.563 %
R1 97.72 0.113 %
Current price: 97.61
Support S1 96.30 -1.34 %
S2 95.86 -1.79 %
S3 95.15 -2.52 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 97.61
Support S1 94.46 -3.23%
S2 93.62 -4.09%
S3 80.77 -17.25%

ASH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 22, 2024 Mar 01, 2024 Mar 15, 2024 $0.385 0.398%
2 Jan 22, 2024 Feb 29, 2024 Mar 15, 2024 $0.385 0.398%
3 Nov 30, 2023 Nov 30, 2023 Dec 15, 2023 $0.385 0.452%
4 Aug 14, 2023 Aug 31, 2023 Sep 15, 2023 $0.385 0.462%
5 May 11, 2023 May 31, 2023 Jun 15, 2023 $0.385 0.446%

FAQ

What is the symbol for Ashland Inc Stock and on which exchange is it traded?
The symbol for Ashland Inc is ASH and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Ashland Inc Stock?
Ashland Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Ashland Inc Stock?
Ashland Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ashland Inc Stock.

What's the current price of Ashland Inc Stock?
As of the end of day on the 2024-03-27, the price of an Ashland Inc (ASH) share was $97.61.

What is the 52-week high and low for Ashland Inc Stock?
The 52-week high for Ashland Inc Stock is $105.15 and the 52-week low is $70.82.

What is the market capitalization of Ashland Inc Stock?
As of the 2024-03-27, the market capitalization of Ashland Inc is 4.772B.

When is the next earnings date for Ashland Inc?
The upcoming earnings date for Ashland Inc is May 07, 2024.
Click to get the best stock tips daily for free!

About Ashland Inc

Ashland Ashland Global Holdings Inc. provides additives and specialty ingredients worldwide. It operates through Life Sciences; Personal Care & Household; Specialty Additives; and Intermediates and Solvents segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; nutrition solutions, such as thickeners, stabilizers, emulsifiers... ASH Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT