(AAC.T) Stock Technical Analysis
USA - NYSE:AAC.T -
Overall AAC.T gets a technical rating of 8 out of 10. In the last year, AAC.T was one of the better performers, but we do observe some doubts in the very recent evolution.
AAC.T has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.27, a Stop Loss order could be placed below this zone.
More info and screens
1.15
We found 3 important support areas.
- A support zone ranging from 1.24 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.16 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.48 from a horizontal line in the weekly time frame.
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 | 99.24 | POSITIVE | AAC.T has a high relative strength, it outperformed 99.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAC.T is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AAC.T is above a declining 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) | 53.1 | NEUTRAL | The RSI value for AAC.T is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AAC.T has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.99 | NEUTRAL | The Stochastics value for AAC.T is a neutral value. |
| Average True Range in percent/ATR (20) | 11.82 | HIGH VOLATILITY | The high ATR as a percentage value for AAC.T suggests high volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for AAC.T suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 1.49 | 1.23 | 0.26 (17.45%) | 5.73% |
| An entry @1.49. This is a Buy Stop order right above the resistance zone. | An exit @1.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.26 points, which is 17.45%. | For a 1.00% total portfolio risk, you can invest 5.73% 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.
/ AAC.T FAQ
What is the ChartMill technical rating of (AAC.T) stock?
ChartMill assigns a technical rating of 8 / 10 to AAC.T.
What is the current trend direction of (AAC.T) stock?
The current trend direction for (AAC.T) is Bullish.
What is the RSI signal for AAC.T stock?
(AAC.T) has an RSI value of 53.0972. This indicates that the stock is currently neutral.
What is the short term momentum for AAC.T stock?
The short term momentum for (AAC.T) is neutral.
What is the support and resistance level for AAC.T stock?
(AAC.T) has a support level at 1.27 and a resistance level at 1.48. Check the full technical report for our detailed analysis of AAC.T support and resistance levels.