NASDAQ:ACGL - Nasdaq - BMG0450A1053 - Common Stock - Currency: USD
Taking everything into account, ACGL scores 3 out of 10 in our technical rating. ACGL 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.
Although the technical rating is bad, ACGL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 89.79, a Stop Loss order could be placed below this zone.
86.95
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 ACGL is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACGL is down. |
ChartMill Relative Strength | 41.99 | NEUTRAL | ACGL is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of ACGL is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACGL is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACGL is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 47.47 | NEUTRAL | The RSI value for ACGL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ACGL has a negative trend. |
Stochastics (14,3) | 33.13 | NEUTRAL | The Stochastics value for ACGL is a neutral value. |
Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for ACGL suggests some volalility. |
Average Directional Index/ADX (14) | 17.87 | NEGATIVE | The low ADX value for ACGL suggests a weak or negative trend. |
92.07
+0.1 (+0.11%)