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ACRI CAPITAL ACQUISITION COR (ACAC) Stock Technical Analysis

NASDAQ:ACAC - Nasdaq - US00501A1016 - Common Stock - Currency: USD

11.2  -1.75 (-13.51%)

After market: 11.3 +0.1 (+0.89%)

Technical Rating and Analysis

2

Overall ACAC gets a technical rating of 2 out of 10. ACAC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, ACAC is a bad performer in the overall market: 72% of all stocks are doing better.
Warning: ACAC has an average volume of 13810 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ACAC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ACAC has a been trading in the 10.20 - 14.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ACRI CAPITAL ACQUISITION COR / ACAC Weekly stock chart
ACRI CAPITAL ACQUISITION COR / ACAC Daily stock chart
Setup Rating and Analysis

4

ACAC has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

10.63

13.55

When analyzing the support we can see 2 important areas.

  • Support @11.04 from a horizontal line in the daily time frame.
  • A support zone ranging from 10.74 to 10.77. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @13.42 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.49
Mansfield-1.38
10 Day High14.99
10 Day Low11.02
20 Day High14.99
20 Day Low10.2
52 Week High14.99
52 Week Low9.88
Performance
1 Week-12.5%
2 Weeks-3.45%
1 Month-2.1%
3 Month-0.8%
6 Month0.63%
12 Month3.99%
2 Year12.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)44.7
LBB10.61
UBB13.76
ACRI CAPITAL ACQUISITION COR / ACAC Daily stock chart

ACRI CAPITAL ACQUISITION COR

NASDAQ:ACAC (9/26/2024, 8:00:00 PM)

After market: 11.3 +0.1 (+0.89%)

11.2

-1.75 (-13.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-13.51%
1 Week-12.5%
2 Weeks-3.45%
1 Month-2.1%
3 Month-0.8%
6 Month0.63%
12 Month3.99%
2 Year12.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%12.4%
ATR Inc-12.53%
Range Today1.2
ADR(20)1.26
ADR(20)%11.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.49
Mansfield-1.38
10 Day High14.99
10 Day Low11.02
20 Day High14.99
20 Day Low10.2
52 Week High14.99
52 Week Low9.88
CS1 End11.04
CR1 Start13.42
Volume & EV
DER(3)-16.73%
DER(5)-9.1%
Volume4.20K
Volume Incr-82.73%
Vol(5)2.62K
Vol(50)13.81K