ACE GLOBAL BUSINESS ACQUISIT (ACBAU)

VGG0083E1280

12  +0.28 (+2.39%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to ACBAU. Both in the recent history as in the last year, ACBAU has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: ACBAU has an average volume of 180 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ACBAU is one of the better performing stocks in the market, outperforming 73% of all stocks. We also observe that the gains produced by ACBAU over the past year are nicely spread over this period.
ACBAU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ACBAU is performing more or less in line with the market.
In the last month ACBAU has a been trading in the 10.08 - 12.04 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
ACBAU Weekly chart
ACBAU Daily chart
Setup Rating and Analysis

3

Although ACBAU has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

10.14

12.12

We found 3 important support areas.

  • A support zone ranging from 11.23 to 11.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.89 to 11.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 10.24 to 10.43. This zone is formed by a combination of multiple trend lines in multiple time frames.

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
CRS73.14
Mansfield-0.37
10 Day High12.04
10 Day Low10.08
20 Day High12.04
20 Day Low10.08
52 Week High12.71
52 Week Low9.76
Performance
1 Week4.91%
2 Weeks7.26%
1 Month7.46%
3 Month7.46%
6 Month10.64%
12 Month18.11%
2 Year14.01%
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)0.09
RSI(14)62.03
LBB10.4
UBB12.24
ACBAU Daily chart

ACE GLOBAL BUSINESS ACQUISIT

NASDAQ:ACBAU (5/3/2024, 7:00:00 PM)

12

+0.28 (+2.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.39%
1 Week4.91%
2 Weeks7.26%
1 Month7.46%
3 Month7.46%
6 Month10.64%
12 Month18.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%2.07%
ATR Inc
Range Today0.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.04
10 Day Low10.08
20 Day High12.04
20 Day Low10.08
52 Week High12.71
52 Week Low9.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume200
Volume Incr-36%
Vol(5)160
Vol(50)180