ACCEL ENTERTAINMENT INC (ACEL) Stock Technical Analysis
NYSE:ACEL - US00436Q1067 - Common Stock
11.55 USD
+0.07 (+0.61%)
11.55 USD
0 (0%)
We assign a technical rating of 2 out of 10 to ACEL. ACEL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ACEL is a bad performer in the overall market: 62% of all stocks are doing better.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ACEL is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, ACEL did better than 44% of them.
ACEL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACEL is lagging the market.
In the last month ACEL has a been trading in the 10.10 - 12.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ACEL has a poor technical rating and the quality of the setup is also not perfect 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
9.64
13.13
6 important support areas can be observed.
- A support zone ranging from 11.26 to 11.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.01 from a horizontal line in the weekly time frame.
- Support @10.67 from a trend line in the daily time frame.
- Support @10.49 from a horizontal line in the daily time frame.
- Support @10.30 from a horizontal line in the daily time frame.
- Support @9.74 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @13.00 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 | NEUTRAL | NEUTRAL | The long term trend for ACEL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACEL is down. |
| ChartMill Relative Strength | 38.06 | NEUTRAL | ACEL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ACEL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACEL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.64 | NEUTRAL | The RSI value for ACEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ACEL has a positive trend. |
| Stochastics (14,3) | 76.31 | NEUTRAL | The Stochastics value for ACEL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for ACEL suggests some volalility. |
| Average Directional Index/ADX (14) | 29.98 | POSITIVE | The high ADX value value for ACEL 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)
11.55
+0.07 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.61%
1 Week3.13%
2 Weeks1.14%
1 Month-11.09%
3 Month2.94%
6 Month7.24%
12 Month-0.94%
2 Year-2.86%
3 Year22.74%
5 Year-2.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%3.47%
ATR Inc-65.8%
Range Today0.12
ADR(20)0.35
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.06
Mansfield-0.67
10 Day High11.8
10 Day Low10.98
20 Day High12.98
20 Day Low10.1
52 Week High13.27
52 Week Low9.02
CS1 End11.48
CR1 Start13
Volume & EV
DER(3)-2.76%
DER(5)-3.31%
Volume274.10K
Volume Incr-26.34%
Vol(5)322.12K
Vol(50)341.35K