ATLANTIC CAPITAL BANCSHARES (ACBI) Technical Analysis
NASDAQ:ACBI
Current stock price
ACBI Technical Rating and Analysis
Overall ACBI gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACBI is showing a nice and steady performance.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, ACBI did better than 94% of all other stocks.
- ACBI is one of the better performing stocks in the Banks industry, it outperforms 100% of 376 stocks in the same industry.
- ACBI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACBI is lagging the market slightly.
- 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.
ACBI Weekly and Daily overview Charts
ACBI Setup Rating and Analysis
ACBI has an excellent technical rating and 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
ACBI Support and Resistance Analysis
26.68
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.
ACBI 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 | 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. |
ACBI Chart- and CandleStick Pattern Analysis
ACBI Example Setup
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.
ACBI Technicals: Chart, Performance Metrics, Trend & Indicators
32.34
-0.03 (-0.09%)
ATLANTIC CAPITAL BANCSHARES / ACBI TA FAQ
What is the technical rating for ACBI stock?
ChartMill assigns a technical rating of 8 / 10 to ACBI.
Can you provide the trend direction for ATLANTIC CAPITAL BANCSHARES?
The current trend direction for ATLANTIC CAPITAL BANCSHARES (ACBI) is Bullish.
Can you provide the RSI signal for ATLANTIC CAPITAL BANCSHARES?
ATLANTIC CAPITAL BANCSHARES (ACBI) has an RSI value of 59.3364. This indicates that the stock is currently neutral.
What is the MACD signal for ACBI stock?
The MACD indicator for ATLANTIC CAPITAL BANCSHARES (ACBI) has a value of 0.0247913, indicating a bearish trend.