ATA CREATIVITY GLOBAL - ADR (AACG) Stock Technical Analysis
NASDAQ:AACG - US00211V1061 - ADR
2.01 USD
+0.19 (+10.44%)
2.01 USD
0 (0%)
Taking everything into account, AACG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AACG is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AACG is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by AACG over the past year are nicely spread over this period.
AACG is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 95% of 71 stocks in the same industry.
AACG 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 AACG is lagging the market slightly.
In the last month AACG has a been trading in the 1.06 - 2.30 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, AACG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.89, a Stop Loss order could be placed below this zone.
More info and screens
0.75
2.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.86 to 1.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.76 from a horizontal line in the daily 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 AACG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AACG is up. |
| ChartMill Relative Strength | 98.61 | POSITIVE | AACG has a high relative strength, it outperformed 98.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AACG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AACG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AACG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.81 | NEUTRAL | The RSI value for AACG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AACG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.83 | NEUTRAL | The Stochastics value for AACG is a neutral value. |
| Average True Range in percent/ATR (20) | 15.77 | HIGH VOLATILITY | The high ATR as a percentage value for AACG suggests high volalility. |
| Average Directional Index/ADX (14) | 27.59 | POSITIVE | The high ADX value value for AACG suggests a strong 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 |
|---|---|---|---|
| 2.14 | 1.85 | 0.29 (13.53%) | 7.39% |
| An entry @2.14. This is a Buy Stop order right above the 10 day high. | An exit @1.85. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.29 points, which is 13.53%. | For a 1.00% total portfolio risk, you can invest 7.39% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AACG. 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.
2.01
+0.19 (+10.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg10.44%
1 Week9.78%
2 Weeks7.57%
1 Month18.82%
3 Month129.55%
6 Month143.52%
12 Month241.1%
2 Year62.9%
3 Year-19.2%
5 Year80.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%15.77%
ATR Inc-20.26%
Range Today0.27
ADR(20)0.31
ADR(20)%15.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.61
Mansfield9.09
10 Day High2.13
10 Day Low1.56
20 Day High2.3
20 Day Low1.06
52 Week High2.3
52 Week Low0.5
CS1 End1.89
CR1 StartN/A
Volume & EV
DER(3)-2.61%
DER(5)-4.4%
Volume53.57K
Volume Incr-94.69%
Vol(5)34.61K
Vol(50)290.50K