ALLIANCEBERNSTEIN INCOME FUND (ACG)

US01881E1010

7.91  -0.01 (-0.13%)

After market: 7.91 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, ACG scores 6 out of 10 in our technical rating. In the last year, ACG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The long and short term trends are both positive. This is looking good!
ACG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACG is lagging the market slightly.
When comparing the performance of all stocks over the past year, ACG turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
In the last month ACG has a been trading in a tight range between 7.80 and 7.94.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ACG Weekly chart
ACG Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, ACG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 7.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ACG in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

7.35

8.06

2 important support areas can be observed.

  • A support zone ranging from 7.56 to 7.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong support @7.42 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 7.91 to 7.98. 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
CRS54.6
Mansfield-0.12
10 Day High7.94
10 Day Low7.86
20 Day High7.94
20 Day Low7.8
52 Week High8.05
52 Week Low7.41
Performance
1 Week-0.13%
2 Weeks0.38%
1 Month1.15%
3 Month3.4%
6 Month-0.5%
12 Month0.89%
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
RSI(14)66.75
LBB7.85
UBB7.94
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
7.957.850.10 (1.26%)25.00%
An entry @7.95. This is a Buy Stop order right above the 10 day high.An exit @7.85. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.10 points, which is 1.26%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.31%.

  • 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.
ACG Daily chart

ALLIANCEBERNSTEIN INCOME FUND

NYSE:ACG (4/18/2016, 7:33:35 PM)

After market: 7.91 0 (0%)

7.91

-0.01 (-0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.13%
1 Week-0.13%
2 Weeks0.38%
1 Month1.15%
3 Month3.4%
6 Month-0.5%
12 Month0.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%0.39%
ATR Inc
Range Today0.04
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 High7.94
10 Day Low7.86
20 Day High7.94
20 Day Low7.8
52 Week High8.05
52 Week Low7.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.32M
Volume Incr149.05%
Vol(5)1.27M
Vol(50)500.03K