ARMADA ACQUISITION CORP I (AACI) Stock Technical Analysis
NASDAQ:AACI - Nasdaq - US04208V1035 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to AACI. AACI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
80% of all other stocks performed better in the past year than AACI.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
AACI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AACI is lagging the market slightly.
In the last month AACI has a been trading in the 8.10 - 14.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, AACI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for AACI 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
9.30
9.92
When analyzing the support we notice one important area.
- A support zone ranging from 9.39 to 9.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.76 to 9.82. 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 | NEUTRAL | NEUTRAL | The long term trend for AACI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AACI is neutral. |
| ChartMill Relative Strength | 20 | NEGATIVE | AACI has a low relative strength, it was outperformed by 80% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AACI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AACI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AACI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.76 | NEUTRAL | The RSI value for AACI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AACI has a negative trend. |
| Stochastics (14,3) | 35.42 | NEUTRAL | The Stochastics value for AACI is a neutral value. |
| Average True Range in percent/ATR (20) | 18.44 | HIGH VOLATILITY | The high ATR as a percentage value for AACI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.14 | NEUTRAL | The ADX value for AACI 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)
9.75
-1.45 (-12.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-12.95%
1 Week-5.34%
2 Weeks-6.7%
1 Month-14.66%
3 Month-14.92%
6 Month-11.2%
12 Month-7.93%
2 Year-1.52%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.4
ATR(20)%18.44%
ATR Inc-14.15%
Range Today1.6
ADR(20)1.76
ADR(20)%18.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20
Mansfield-1.88
10 Day High14.5
10 Day Low8.7
20 Day High14.5
20 Day Low8.1
52 Week High14.5
52 Week Low8.1
CS1 End9.54
CR1 Start9.76
Volume & EV
DER(3)8.85%
DER(5)5.47%
Volume37.80K
Volume Incr-16.7%
Vol(5)46.18K
Vol(50)37.04K