(AAC.T) Stock Technical Analysis
USA - NYSE:AAC.T -
1.4
+0.15 (+12%)
1.5
+0.1 (+7.14%)
We assign a technical rating of 8 out of 10 to AAC.T. In the last year, AAC.T was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that AAC.T is one of the better performing stocks in the market, outperforming 99% of all stocks.
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 - 1.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, AAC.T 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
1.49
When analyzing the support we can see 3 important 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 | 99.38 | POSITIVE | AAC.T has a high relative strength, it outperformed 99.38% 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. |
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 |
|---|---|---|---|
| 1.49 | 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 trade has a worst case loss of 0.26 points, which is 17.45%. | When investing 5.73% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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
% Chg12%
1 Week2.56%
2 Weeks12.9%
1 Month10.24%
3 Month25%
6 Month400%
12 Month833.33%
2 Year495.75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%11.82%
ATR Inc206.29%
Range Today0.44
ADR(20)0.16
ADR(20)%11.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.38
Mansfield9.97
10 Day High1.7
10 Day Low1.17
20 Day High1.7
20 Day Low1.12
52 Week High1.7
52 Week Low0.08
CS1 End1.27
CR1 Start1.48
Volume & EV
DER(3)-1.09%
DER(5)-8.27%
Volume117.90K
Volume Incr254.49%
Vol(5)200.16K
Vol(50)62.68K