PROFRAC HOLDING CORP-A (ACDC) Stock Technical Analysis
USA - NASDAQ:ACDC - US74319N1000 - Common Stock
3.71 USD
-0.08 (-2.11%)
3.71 USD
0 (0%)
Taking everything into account, ACDC scores 0 out of 10 in our technical rating. ACDC'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% of all other stocks performed better in the past year than ACDC.
ACDC is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, of which 93% are performing better than ACDC.
ACDC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
ACDC has an average volume of 1575640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ACDC has a been trading in the 3.52 - 4.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ACDC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ACDC 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
3.47
8.41
When analyzing the support we notice one important area.
- A support zone ranging from 3.50 to 3.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @4.07 from a trend line in the daily time frame.
- Resistance @4.24 from a horizontal line in the daily time frame.
- Resistance @8.33 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 | DOWN | NEGATIVE | The long term trend for ACDC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACDC is down. |
| ChartMill Relative Strength | 2.68 | NEGATIVE | ACDC has a low relative strength, it was outperformed by 97.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACDC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACDC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACDC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.33 | NEUTRAL | The RSI value for ACDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ACDC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.41 | NEUTRAL | The Stochastics value for ACDC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for ACDC suggests high volalility. |
| Average Directional Index/ADX (14) | 36.57 | POSITIVE | The high ADX value value for ACDC suggests a strong trend. |
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)
3.71
-0.08 (-2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-2.11%
1 Week-0.27%
2 Weeks-4.62%
1 Month-10.36%
3 Month-54.02%
6 Month-51.75%
12 Month-44.39%
2 Year-65.81%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%6.08%
ATR Inc10.55%
Range Today0.22
ADR(20)0.22
ADR(20)%5.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.68
Mansfield-4.98
10 Day High4.02
10 Day Low3.52
20 Day High4.26
20 Day Low3.52
52 Week High10.7
52 Week Low3.43
CS1 End3.53
CR1 Start4.07
Volume & EV
DER(3)2.91%
DER(5)3.64%
Volume1.54M
Volume Incr81.1%
Vol(5)2.37M
Vol(50)1.58M