ARES ACQUISITION CORP II (AACT) Stock Technical Analysis
NYSE:AACT - KYG330331045 - Common Stock
11.3 USD
-0.1 (-0.88%)
11.4 USD
+0.1 (+0.88%)
Overall AACT gets a technical rating of 3 out of 10. AACT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the performance of all stocks over the past year, AACT turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
AACT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AACT is lagging the market.
In the last month AACT has a been trading in a tight range between 11.30 and 11.44.
The technical rating of AACT is bad and it also does not present a quality setup 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
10.93
11.67
We found 1 important support area.
- A support zone ranging from 11.04 to 11.29. 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 11.35 to 11.55. This zone is formed by a combination of multiple trend lines and important moving averages 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 AACT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AACT is neutral. |
| ChartMill Relative Strength | 41.76 | NEUTRAL | AACT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AACT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AACT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AACT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.26 | NEUTRAL | The RSI value for AACT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AACT has a negative trend. |
| Stochastics (14,3) | 37.5 | NEUTRAL | The Stochastics value for AACT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for AACT suggests low volalility. |
| Average Directional Index/ADX (14) | 22.67 | NEUTRAL | The ADX value for AACT 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)
11.3
-0.1 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.88%
1 Week-0.79%
2 Weeks-0.7%
1 Month-1.31%
3 Month-1.22%
6 Month2.08%
12 Month5.02%
2 Year10.46%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.37%
ATR Inc125.63%
Range Today0.12
ADR(20)0.04
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.76
Mansfield-0.74
10 Day High11.44
10 Day Low11.3
20 Day High11.44
20 Day Low11.3
52 Week High11.62
52 Week Low10.76
CS1 End11.29
CR1 Start11.35
Volume & EV
DER(3)-1.31%
DER(5)0.39%
Volume239.70K
Volume Incr-28.03%
Vol(5)186.27K
Vol(50)265.91K