ALBERTSONS COS INC - CLASS A (ACI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ACI - US0130911037 - Common Stock
Overall ACI gets a technical rating of 1 out of 10. ACI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ACI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.33, a Stop Loss order could be placed below this zone.
More info and screens
16.63
We found 2 important support areas.
- A support zone ranging from 17.12 to 17.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.80 to 16.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 17.97 to 18.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.99 from a trend line in the daily time frame.
- A resistance zone ranging from 19.74 to 19.86. 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 | DOWN | NEGATIVE | The long term trend for ACI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACI is down. |
| ChartMill Relative Strength | 26.61 | NEGATIVE | ACI has a low relative strength, it was outperformed by 73.39% off all stocks 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) | UP | MIXED | The current price of ACI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.22 | NEUTRAL | The RSI value for ACI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ACI has a positive trend. |
| Stochastics (14,3) | 53.68 | NEUTRAL | The Stochastics value for ACI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for ACI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.93 | NEUTRAL | The ADX value for ACI suggests a possible start of a new trend. |
17.47
-0.21 (-1.19%)
ALBERTSONS COS INC - CLASS A / ACI FAQ
What is the ChartMill technical rating of ALBERTSONS COS INC - CLASS A (ACI) stock?
ChartMill assigns a technical rating of 1 / 10 to ACI.
Can you provide the trend direction for ALBERTSONS COS INC - CLASS A?
The current trend direction for ALBERTSONS COS INC - CLASS A (ACI) is Bearish.
Can you provide the RSI signal for ALBERTSONS COS INC - CLASS A?
ALBERTSONS COS INC - CLASS A (ACI) has an RSI value of 46.2237. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ALBERTSONS COS INC - CLASS A?
The buy/sell signal for ALBERTSONS COS INC - CLASS A (ACI) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ALBERTSONS COS INC - CLASS A?
ALBERTSONS COS INC - CLASS A (ACI) has a support level at 17.33 and a resistance level at 17.97. Check the full technical report for our detailed analysis of ACI support and resistance levels.