ACEA SPA (ACE.MI) Stock Technical Analysis
BIT:ACE - Euronext Milan - IT0001207098 - Common Stock - Currency: EUR
Overall ACE 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, ACE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ACE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ACE is leading the market.
In the last month ACE has a been trading in the 19.94 - 21.94 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ACE is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ACE is part of the Multi-Utilities industry. There are 14 other stocks in this industry, ACE did better than 53% of them.
ACE has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
16.35
22.02
5 important support areas can be observed.
- A support zone ranging from 21.08 to 21.51. 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 19.87 to 20.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.91 from a trend line in the weekly time frame.
- Support @17.04 from a horizontal line in the weekly time frame.
- Support @16.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.64 to 21.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ACE.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACE.MI is up. |
| ChartMill Relative Strength | 86.24 | POSITIVE | ACE.MI has a high relative strength, it outperformed 86.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACE.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACE.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACE.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.41 | NEUTRAL | The RSI value for ACE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ACE.MI has a negative trend. |
| Stochastics (14,3) | 87 | OVERBOUGHT | The high Stochastics value suggests ACE.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for ACE.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 35.4 | POSITIVE | The high ADX value value for ACE.MI 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)
BIT:ACE (5/29/2025, 7:00:00 PM)
21.52
-0.2 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.92%
1 Week-0.55%
2 Weeks4.57%
1 Month3.96%
3 Month21.79%
6 Month18.96%
12 Month23.75%
2 Year59.41%
3 Year27.19%
5 Year23.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%1.84%
ATR Inc-32.67%
Range Today0.36
ADR(20)0.39
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.24
Mansfield1.65
10 Day High21.94
10 Day Low20.52
20 Day High21.94
20 Day Low19.94
52 Week High21.94
52 Week Low14.82
CS1 End21.51
CR1 Start21.64
Volume & EV
DER(3)0.6%
DER(5)2.28%
Volume107.56K
Volume Incr6.75%
Vol(5)97.70K
Vol(50)116.37K