Atlantic Coast Federal Corp. (ACFC) Stock Technical Analysis
USA - NASDAQ:ACFC -
We assign a technical rating of 10 out of 10 to ACFC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACFC is showing a nice and steady performance.
ACFC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.99. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ACFC 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.
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8.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.35 to 10.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.08 to 10.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.91 to 9.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.99 to 11.16. 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 ACFC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACFC is up. |
| ChartMill Relative Strength | 83.69 | POSITIVE | ACFC has a high relative strength, it outperformed 83.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACFC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ACFC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.34 | NEUTRAL | The RSI value for ACFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ACFC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.61 | NEUTRAL | The Stochastics value for ACFC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for ACFC suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.17 | 10.62 | 0.55 (4.92%) | 20.31% |
| An entry @11.17. This is a Buy Stop order right above the resistance zone. | An exit @10.62. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.55 points, which is 4.92%. | For a 1.00% total portfolio risk, you can invest 20.31% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:ACFC (5/25/2018, 8:37:53 PM)
10.89
0 (0%)
Atlantic Coast Federal Corp. / ACFC FAQ
What is the ChartMill technical rating of Atlantic Coast Federal Corp. (ACFC) stock?
ChartMill assigns a technical rating of 9 / 10 to ACFC.
What is the trend direction for ACFC stock?
The current trend direction for Atlantic Coast Federal Corp. (ACFC) is Bullish.
What is the RSI signal for ACFC stock?
Atlantic Coast Federal Corp. (ACFC) has an RSI value of 63.3435. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Atlantic Coast Federal Corp.?
The buy/sell signal for Atlantic Coast Federal Corp. (ACFC) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Atlantic Coast Federal Corp.?
Atlantic Coast Federal Corp. (ACFC) has a support level at 10.48 and a resistance level at 10.99. Check the full technical report for our detailed analysis of ACFC support and resistance levels.