ALBERTSONS COS INC - CLASS A (ACI) Stock Technical Analysis
NYSE:ACI - US0130911037 - Common Stock
19.26 USD
-0.27 (-1.38%)
19.27 USD
+0.01 (+0.05%)
Taking everything into account, ACI scores 1 out of 10 in our technical rating. ACI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
82% of all other stocks performed better in the past year than ACI.
ACI is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 71% of 40 stocks in the same industry do better.
In the last month ACI has a been trading in the 18.59 - 20.02 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ACI has an average volume of 6168430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ACI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACI is lagging the market.
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 19.38. Right above this resistance zone may be a good entry point.
More info and screens
18.19
23.27
2 important support areas can be observed.
- Support @19.22 from a horizontal line in the daily time frame.
- Support @18.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 19.38 to 19.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.56 from a horizontal line in the daily time frame.
- Resistance @22.23 from a horizontal line in the daily time frame.
- Resistance @23.04 from a horizontal line in the weekly 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 | 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 | 18.33 | NEGATIVE | ACI has a low relative strength, it was outperformed by 81.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ACI is below the rising 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) | DOWN | NEGATIVE | The current price of ACI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.92 | NEUTRAL | The RSI value for ACI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ACI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.02 | NEUTRAL | The Stochastics value for ACI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for ACI suggests low volalility. |
| Average Directional Index/ADX (14) | 21.08 | 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)
19.26
-0.27 (-1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-1.38%
1 Week-1.03%
2 Weeks1.05%
1 Month0.21%
3 Month-13.36%
6 Month-8.46%
12 Month-1.83%
2 Year-14.02%
3 Year-29.99%
5 Year39.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%1.85%
ATR Inc15.36%
Range Today0.43
ADR(20)0.32
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.33
Mansfield-1.41
10 Day High19.71
10 Day Low19.01
20 Day High20.02
20 Day Low18.6
52 Week High23.2
52 Week Low17
CS1 End19.22
CR1 Start19.38
Volume & EV
DER(3)-0.22%
DER(5)1.49%
Volume4.13M
Volume Incr-3.39%
Vol(5)5.39M
Vol(50)6.17M