ALBERTSONS COS INC - CLASS A (ACI) Stock Technical Analysis
USA - NYSE:ACI - US0130911037 - Common Stock
We assign a technical rating of 0 out of 10 to ACI. 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.
ACI has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.63
When analyzing the support we notice one important area.
- Support @16.80 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 18.92 to 19.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
- 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 | DOWN | NEGATIVE | The long term trend for ACI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACI is neutral. |
| ChartMill Relative Strength | 30.88 | 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 | MIXED | The current price of ACI is above 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) | 52.34 | NEUTRAL | The RSI value for ACI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ACI has a positive trend. |
| Stochastics (14,3) | 49.65 | NEUTRAL | The Stochastics value for ACI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for ACI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.29 | NEUTRAL | The ADX value for ACI suggests a possible start of a new trend. |
18.21
+0.25 (+1.39%)
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 0 / 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 52.3434. This indicates that the stock is currently neutral.
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 16.8 and a resistance level at 18.92. Check the full technical report for our detailed analysis of ACI support and resistance levels.