ATLANTIC CAPITAL BANCSHARES (ACBI) Stock Technical Analysis
NASDAQ:ACBI - Nasdaq - Common Stock
We assign a technical rating of 9 out of 10 to ACBI. Both in the recent history as in the last year, ACBI has proven to be a steady performer, scoring decent points in every aspect analyzed.
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!
Looking at the yearly performance, ACBI did better than 94% of all other stocks.
ACBI is part of the Banks industry. There are 396 other stocks in this industry. ACBI outperforms 98% of them.
ACBI 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 ACBI is performing more or less in line with the market.
In the last month ACBI has a been trading in the 28.87 - 32.76 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, ACBI also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 30.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ACBI 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
26.68
32.66
When analyzing the support we can see 5 important areas.
- A support zone ranging from 30.59 to 30.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.39 from a horizontal line in the daily time frame.
- A support zone ranging from 28.62 to 28.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.89 from a horizontal line in the weekly time frame.
- Support @26.95 from a horizontal line in the daily time frame.
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 ACBI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACBI is neutral. |
| ChartMill Relative Strength | 94.88 | POSITIVE | ACBI has a high relative strength, it outperformed 94.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.34 | NEUTRAL | The RSI value for ACBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ACBI has a positive trend. |
| Stochastics (14,3) | 67.27 | NEUTRAL | The Stochastics value for ACBI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ACBI suggests some volalility. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.77 | 30.58 | 2.19 (6.68%) | 14.96% |
| An entry @32.77. This is a Buy Stop order right above the 10 day high. | An exit @30.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.19 points, which is 6.68%. | When investing 14.96% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
32.34
-0.03 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.09%
1 Week2.44%
2 Weeks2.99%
1 Month10.04%
3 Month15.96%
6 Month33.53%
12 Month41.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%2.84%
ATR Inc86.75%
Range Today1.71
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.88
Mansfield1.92
10 Day High32.76
10 Day Low30.16
20 Day High32.76
20 Day Low28.87
52 Week High33.68
52 Week Low22.14
CS1 End30.8
CR1 StartN/A
Volume & EV
DER(3)3.32%
DER(5)3.31%
Volume125.80K
Volume Incr-25.33%
Vol(5)92.00K
Vol(50)122.41K