(AAC.T) Stock Technical Analysis
NYSE:AAC.T -
1.2001
-0.06 (-5.13%)
Overall AAC.T gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, AAC.T did better than 99% of all other stocks. We also observe that the gains produced by AAC.T over the past year are nicely spread over this period.
AAC.T is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AAC.T is lagging the market slightly.
In the last month AAC.T has a been trading in the 1.12 - 1.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AAC.T has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for AAC.T in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.14
1.35
2 important support areas can be observed.
- Support @1.19 from a horizontal line in the weekly time frame.
- Support @1.15 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.28 to 1.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AAC.T is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AAC.T is neutral. |
| ChartMill Relative Strength | 99.39 | POSITIVE | AAC.T has a high relative strength, it outperformed 99.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAC.T is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AAC.T is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAC.T is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.74 | NEUTRAL | The RSI value for AAC.T is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AAC.T has a negative trend. |
| Stochastics (14,3) | 42.27 | NEUTRAL | The Stochastics value for AAC.T is a neutral value. |
| Average True Range in percent/ATR (20) | 9.23 | HIGH VOLATILITY | The high ATR as a percentage value for AAC.T suggests high volalility. |
| Average Directional Index/ADX (14) | 18.09 | NEGATIVE | The low ADX value for AAC.T suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.35 | 1.18 | 0.17 (12.59%) | 7.94% |
| An entry @1.35. This is a Buy Stop order right above the resistance zone. | An exit @1.18. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.17 points, which is 12.59%. | For a 1.00% total portfolio risk, you can invest 7.94% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AAC.T. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.13%
1 Week-9.77%
2 Weeks-3.99%
1 Month-6.24%
3 Month7.15%
6 Month252.97%
12 Month700.07%
2 Year410.68%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%9.23%
ATR Inc44.87%
Range Today0.14
ADR(20)0.1
ADR(20)%8.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.39
Mansfield8.94
10 Day High1.4
10 Day Low1.12
20 Day High1.4
20 Day Low1.12
52 Week High1.6
52 Week Low0.08
CS1 End1.19
CR1 Start1.28
Volume & EV
DER(3)-4.95%
DER(5)8.43%
Volume12.99K
Volume Incr15.69%
Vol(5)34.56K
Vol(50)40.07K