ACCEL ENTERTAINMENT INC (ACEL) Technical Analysis
NYSE:ACEL • US00436Q1067
Current stock price
ACEL Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to ACEL. In the last year, ACEL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- ACEL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, ACEL turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- ACEL is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, ACEL did better than 66% of them.
- ACEL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACEL is lagging the market slightly.
ACEL Weekly and Daily overview Charts
ACEL Setup Rating and Analysis
Although the technical rating is bad, ACEL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.87, a Stop Loss order could be placed below this zone.
More info and screens
ACEL Support and Resistance Analysis
9.46
We found 3 important support areas.
- A support zone ranging from 10.81 to 10.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.25 from a trend line in the weekly time frame.
- A support zone ranging from 9.56 to 9.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 11.12 to 11.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.60 to 11.70. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @12.75 from a horizontal line in the weekly time frame.
- Resistance @12.99 from a horizontal line in the daily time frame.
ACEL 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 ACEL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACEL is neutral. |
| ChartMill Relative Strength | 54.55 | NEUTRAL | ACEL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACEL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACEL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACEL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.16 | NEUTRAL | The RSI value for ACEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ACEL has a negative trend. |
| Stochastics (14,3) | 35.95 | NEUTRAL | The Stochastics value for ACEL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for ACEL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.27 | NEGATIVE | The low ADX value for ACEL suggests a weak or negative trend. |
ACEL Chart- and CandleStick Pattern Analysis
ACEL Technicals: Chart, Performance Metrics, Trend & Indicators
11.09
-0.17 (-1.51%)
ACCEL ENTERTAINMENT INC / ACEL TA FAQ
What is the ChartMill technical rating of ACCEL ENTERTAINMENT INC (ACEL) stock?
ChartMill assigns a technical rating of 3 / 10 to ACEL.
What is the trend direction for ACEL stock?
The current trend direction for ACCEL ENTERTAINMENT INC (ACEL) is Bearish.
Can you provide the RSI signal for ACCEL ENTERTAINMENT INC?
ACCEL ENTERTAINMENT INC (ACEL) has an RSI value of 47.1609. This indicates that the stock is currently neutral.
What is the short term momentum for ACEL stock?
The short term momentum for ACCEL ENTERTAINMENT INC (ACEL) is neutral.