ALBERTSONS COS INC - CLASS A (ACI) Stock Technical Analysis
NYSE:ACI • US0130911037
We assign a technical rating of 5 out of 10 to ACI. ACI 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.
- 76% of all other stocks performed better in the past year than ACI.
- ACI is part of the Consumer Staples Distribution & Retail industry. There are 38 other stocks in this industry, of which 62% are performing better than ACI.
- ACI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- ACI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- ACI has an average volume of 8379660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ACI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.69, a Stop Loss order could be placed below this zone.
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16.92
When analyzing the support we notice one important area.
- A support zone ranging from 17.09 to 17.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.05 to 18.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.86 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 is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACI is neutral. |
| ChartMill Relative Strength | 24.05 | NEGATIVE | ACI has a low relative strength, it was outperformed by 75.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACI is above 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) | 54.2 | NEUTRAL | The RSI value for ACI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ACI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.63 | NEUTRAL | The Stochastics value for ACI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for ACI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.66 | NEGATIVE | The low ADX value for ACI suggests a weak or negative trend. |
17.9
-0.03 (-0.17%)
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 5 / 10 to ACI.
What is the current trend direction of ALBERTSONS COS INC - CLASS A (ACI) stock?
The current trend direction for ALBERTSONS COS INC - CLASS A (ACI) is Bearish.
What is the RSI signal for ALBERTSONS COS INC - CLASS A (ACI) stock?
ALBERTSONS COS INC - CLASS A (ACI) has an RSI value of 54.1967. This indicates that the stock is currently neutral.
What is the short term momentum for ALBERTSONS COS INC - CLASS A (ACI) stock?
The short term momentum for ALBERTSONS COS INC - CLASS A (ACI) is neutral.
What are the support and resistance levels for ALBERTSONS COS INC - CLASS A (ACI) stock?
ALBERTSONS COS INC - CLASS A (ACI) has a support level at 17.69 and a resistance level at 18.05. Check the full technical report for our detailed analysis of ACI support and resistance levels.