ATLAS CREST INV CL A -CW28 (ACI.W) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ACI.W -
Overall ACI.W gets a technical rating of 6 out of 10. ACI.W has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, ACI.W is a bad performer in the overall market: 100% of all stocks are doing better.
- ACI.W is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month ACI.W has a been trading in the 1.08 - 1.75 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is only medium, ACI.W does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ACI.W 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.
More info and screens
1.17
When analyzing the support we notice one important area.
- A support zone ranging from 1.18 to 1.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @1.70 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 ACI.W is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACI.W is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ACI.W has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACI.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACI.W is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.13 | NEUTRAL | The RSI value for ACI.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ACI.W has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.83 | NEUTRAL | The Stochastics value for ACI.W is a neutral value. |
| Average True Range in percent/ATR (20) | 10.37 | HIGH VOLATILITY | The high ATR as a percentage value for ACI.W suggests high 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 |
|---|---|---|---|
| 1.71 | 1.11 | 0.60 (35.09%) | 2.85% |
| An entry @1.71. This is a Buy Stop order right above the resistance zone. | An exit @1.11. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.60 points, which is 35.09%. | For a 1.00% total portfolio risk, you can invest 2.85% 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.
1.59
+0.03 (+1.92%)
ATLAS CREST INV CL A -CW28 / ACI.W FAQ
Can you provide the ChartMill technical rating for ATLAS CREST INV CL A -CW28?
ChartMill assigns a technical rating of 6 / 10 to ACI.W.
What is the current trend direction of ATLAS CREST INV CL A -CW28 (ACI.W) stock?
The current trend direction for ATLAS CREST INV CL A -CW28 (ACI.W) is Bearish.
What is the RSI signal for ATLAS CREST INV CL A -CW28 (ACI.W) stock?
ATLAS CREST INV CL A -CW28 (ACI.W) has an RSI value of 60.1348. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATLAS CREST INV CL A -CW28?
The MACD indicator for ATLAS CREST INV CL A -CW28 (ACI.W) has a value of 0.0380479, indicating a bearish trend.
What is the short term momentum for ACI.W stock?
The short term momentum for ATLAS CREST INV CL A -CW28 (ACI.W) is positive.