ARTIUS II ACQUISITION INC-A (AACB) Stock Technical Analysis
USA - NASDAQ:AACB - KYG0509J1159 - Common Stock
Taking everything into account, AACB scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AACB is a bad performer.
AACB has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.87
We found 1 important support area.
- A support zone ranging from 9.97 to 10.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.26 to 10.26. This zone is formed by a combination of multiple trend lines 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 AACB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AACB is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AACB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AACB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AACB is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 66.87 | NEUTRAL | The RSI value for AACB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AACB has a positive trend. |
| Stochastics (14,3) | 92.5 | OVERBOUGHT | The high Stochastics value suggests AACB may be overbought. |
| Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for AACB suggests low volalility. |
| Average Directional Index/ADX (14) | 14.15 | NEGATIVE | The low ADX value for AACB suggests a weak or negative 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 |
|---|---|---|---|
| 10.27 | 10.09 | 0.18 (1.79%) | 25.00% |
| An entry @10.27. This is a Buy Stop order right above the resistance zone. | An exit @10.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 1.79%. | For a 0.45% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
10.25
+0.02 (+0.2%)
ARTIUS II ACQUISITION INC-A / AACB FAQ
What is the technical rating for AACB stock?
ChartMill assigns a technical rating of 6 / 10 to AACB.
What is the trend direction for AACB stock?
The current trend direction for ARTIUS II ACQUISITION INC-A (AACB) is Bullish.
Can you provide the RSI signal for ARTIUS II ACQUISITION INC-A?
ARTIUS II ACQUISITION INC-A (AACB) has an RSI value of 66.8742. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARTIUS II ACQUISITION INC-A?
The short term momentum for ARTIUS II ACQUISITION INC-A (AACB) is positive.
Can you provide the support and resistance levels for ARTIUS II ACQUISITION INC-A?
ARTIUS II ACQUISITION INC-A (AACB) has a support level at 10.19 and a resistance level at 10.26. Check the full technical report for our detailed analysis of AACB support and resistance levels.