ACD-DB Technical Analysis - ACCORD FINANCIAL CORP

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to ACD-DB. ACD-DB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, ACD-DB is a bad performer in the overall market: 82% of all stocks are doing better.

ACD-DB is one of the lesser performing stocks in the Financial Services industry. 96% of 29 stocks in the same industry do better.

Warning: ACD-DB has an average volume of 19420 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

ACD-DB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACD-DB is lagging the market.

In the last month ACD-DB has a been trading in a tight range between 95.76 and 100.00.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ACCORD FINANCIAL CORP / ACD-DB Weekly stock chart

ACCORD FINANCIAL CORP / ACD-DB Daily stock chart

Setup Rating and Analysis

The technical rating of ACD-DB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

92.09

105.04

2 important support areas can be observed.

Support @95.00 from a horizontal line in the weekly time frame.
Support @93.02 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 96.00 to 101.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @104.00 from a horizontal line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

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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 ACD-DB.CA is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ACD-DB.CA is down.
ChartMill Relative Strength	18.89	NEGATIVE	ACD-DB.CA has a low relative strength, it was outperformed by 81.11% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ACD-DB.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ACD-DB.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ACD-DB.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)	34.85	NEUTRAL	The RSI value for ACD-DB.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.33	NEGATIVE	The MACD value suggests ACD-DB.CA has a negative trend.
Stochastics (14,3)	31.05	NEUTRAL	The Stochastics value for ACD-DB.CA is a neutral value.
Average True Range in percent/ATR (20)	0.75	LOW VOLATILITY	The low ATR as a percentage value for ACD-DB.CA suggests low volalility.
Average Directional Index/ADX (14)	15.43	NEGATIVE	The low ADX value for ACD-DB.CA suggests a weak or negative trend.