ACE CONVERGENCE ACQUISITION (ACEVU)

KYG0083D1126

9.769  -0.01 (-0.11%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to ACEVU. ACEVU has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

ACEVU is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ACEVU has a been trading in the 9.27 - 10.80 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ACEVU has an average volume of 2736 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, ACEVU turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
Weekly and Daily overview Charts
ACEVU Weekly chart
ACEVU Daily chart
Setup Rating and Analysis

3

The technical rating of ACEVU is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

9.67

10.82

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 10.13 to 10.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 10.47 to 10.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.44
Mansfield0.24
10 Day High10.8
10 Day Low9.27
20 Day High10.8
20 Day Low9.27
52 Week High10.97
52 Week Low9.27
Performance
1 Week-5.16%
2 Weeks-4.69%
1 Month-0.62%
3 Month-3.18%
6 Month-4.41%
12 Month-5.34%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)39.6
LBB9.8
UBB10.72
ACEVU Daily chart

ACE CONVERGENCE ACQUISITION

NASDAQ:ACEVU (11/22/2022, 7:00:00 PM)

9.769

-0.01 (-0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.11%
1 Week-5.16%
2 Weeks-4.69%
1 Month-0.62%
3 Month-3.18%
6 Month-4.41%
12 Month-5.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.36
ATR(20)%3.11%
ATR Inc
Range Today0.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.8
10 Day Low9.27
20 Day High10.8
20 Day Low9.27
52 Week High10.97
52 Week Low9.27
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume800
Volume Incr-23.92%
Vol(5)3.50K
Vol(50)2.74K