ALBERTSONS COS INC - CLASS A (ACI) Stock Technical Analysis
NYSE:ACI - New York Stock Exchange, Inc. - US0130911037 - Common Stock - Currency: USD
Overall ACI gets a technical rating of 3 out of 10. ACI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month ACI has a been trading in the 20.96 - 22.41 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ACI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ACI is performing more or less in line with the market.
ACI has an average volume of 5502910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ACI outperforms 57% of them, which is more or less in line with the market.
ACI is part of the Consumer Staples Distribution & Retail industry. There are 41 other stocks in this industry, ACI did better than 44% of them.
Although the technical rating is bad, ACI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.13, a Stop Loss order could be placed below this zone.
More info and screens
18.19
23.27
3 important support areas can be observed.
- A support zone ranging from 20.82 to 21.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 19.60 to 19.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @18.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 21.34 to 21.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.39 to 22.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 22.91 to 23.04. 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 ACI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACI is neutral. |
| ChartMill Relative Strength | 57.4 | NEUTRAL | ACI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.99 | NEUTRAL | The RSI value for ACI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ACI has a negative trend. |
| Stochastics (14,3) | 22.99 | NEUTRAL | The Stochastics value for ACI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for ACI suggests low volalility. |
| Average Directional Index/ADX (14) | 20.14 | NEUTRAL | The ADX value for ACI suggests a possible start of a new trend. |
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)
21.14
-0.38 (-1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-1.77%
1 Week-0.33%
2 Weeks-2.04%
1 Month-3.21%
3 Month0%
6 Month8.3%
12 Month8.08%
2 Year-3.12%
3 Year-20.88%
5 Year34.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%1.84%
ATR Inc17.54%
Range Today0.55
ADR(20)0.38
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.4
Mansfield0.01
10 Day High21.7
10 Day Low20.96
20 Day High22.41
20 Day Low20.96
52 Week High23.2
52 Week Low17
CS1 End21.13
CR1 Start21.34
Volume & EV
DER(3)2.08%
DER(5)1.86%
Volume4.26M
Volume Incr22.56%
Vol(5)5.06M
Vol(50)5.50M