ATLANTIC COASTAL ACQUISITI-A (ACAH) Technical Analysis
NASDAQ:ACAH • US0484531043
Current stock price
ACAH Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to ACAH. ACAH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month ACAH has a been trading in the 10.45 - 11.64 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- Warning: ACAH has an average volume of 11590 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.
- When comparing the performance of all stocks over the past year, ACAH turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
- ACAH 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 ACAH is lagging the market slightly.
ACAH Weekly and Daily overview Charts
ACAH Setup Rating and Analysis
ACAH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.43, a Stop Loss order could be placed below this zone.
More info and screens
ACAH Support and Resistance Analysis
9.61
3 important support areas can be observed.
- A support zone ranging from 10.29 to 10.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @10.09 from a horizontal line in the daily time frame.
- A support zone ranging from 9.71 to 9.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.56 to 10.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.88 to 10.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
ACAH Technical Indicator Signal Analysis
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 ACAH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACAH is neutral. |
| ChartMill Relative Strength | 44.73 | NEUTRAL | ACAH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACAH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACAH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACAH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.73 | NEUTRAL | The RSI value for ACAH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ACAH has a negative trend. |
| Stochastics (14,3) | 3 | OVERSOLD | The low Stochastics value suggests ACAH may be oversold. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for ACAH suggests low volalility. |
| Average Directional Index/ADX (14) | 78.5 | POSITIVE | The high ADX value value for ACAH suggests a strong trend. |
ACAH Chart- and CandleStick Pattern Analysis
ACAH Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ACAH (2/23/2024, 8:27:34 PM)
10.45
0 (0%)
ATLANTIC COASTAL ACQUISITI-A / ACAH TA FAQ
What is the technical rating for ACAH stock?
ChartMill assigns a technical rating of 2 / 10 to ACAH.
What is the trend direction for ACAH stock?
The current trend direction for ATLANTIC COASTAL ACQUISITI-A (ACAH) is Bearish.
What is the RSI signal for ACAH stock?
ATLANTIC COASTAL ACQUISITI-A (ACAH) has an RSI value of 39.7308. This indicates that the stock is currently neutral.
What is the MACD signal for ACAH stock?
The MACD indicator for ATLANTIC COASTAL ACQUISITI-A (ACAH) has a value of -0.0185655, indicating a bearish trend.
What is the short term momentum for ACAH stock?
The short term momentum for ATLANTIC COASTAL ACQUISITI-A (ACAH) is neutral.