Acacia Communica (ACIA) Technical Analysis
NASDAQ:ACIA
Current stock price
ACIA Technical Rating and Analysis
Taking everything into account, ACIA scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ACIA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by ACIA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- ACIA has an average volume of 1608110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, ACIA did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month ACIA has a been trading in a tight range between 114.22 and 115.00.
- Considerably lower volume is observed in the last couple of days.
ACIA Weekly and Daily overview Charts
ACIA Setup Rating and Analysis
ACIA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 115.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 114.98, a Stop Loss order could be placed below this zone.
More info and screens
ACIA Support and Resistance Analysis
62.22
6 important support areas can be observed.
- A support zone ranging from 114.26 to 114.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @72.98 from a trend line in the daily time frame.
- Support @69.40 from a trend line in the weekly time frame.
- Strong support @67.90 from a horizontal line in the daily time frame.
- A support zone ranging from 66.54 to 66.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.85 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 115.00 to 115.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
ACIA Technical Indicator Signal Analysis
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 ACIA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACIA is up. |
| ChartMill Relative Strength | 87.69 | POSITIVE | ACIA has a high relative strength, it outperformed 87.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACIA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACIA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACIA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 92.47 | OVERBOUGHT | The high RSI value suggests ACIA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.3 | NEGATIVE | The MACD value suggests ACIA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 94.41 | OVERBOUGHT | The high Stochastics value suggests ACIA may be overbought. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for ACIA suggests low volalility. |
ACIA Chart- and CandleStick Pattern Analysis
ACIA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 115.01 | 114.79 | 0.22 (0.19%) | 25.00% |
| An entry @115.01. This is a Buy Stop order right above the resistance zone. | An exit @114.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.22 points, which is 0.19%. | For a 0.05% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ACIA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ACIA Technicals: Chart, Performance Metrics, Trend & Indicators
114.99
+0.06 (+0.05%)
Acacia Communica / ACIA TA FAQ
What is the ChartMill technical rating of Acacia Communica (ACIA) stock?
ChartMill assigns a technical rating of 8 / 10 to ACIA.
What is the current trend direction of Acacia Communica (ACIA) stock?
The current trend direction for Acacia Communica (ACIA) is Bullish.
What is the RSI signal for ACIA stock?
Acacia Communica (ACIA) has an RSI value of 92.4741. This indicates that the stock is currently overbought.
What is the buy/sell signal for ACIA stock?
The buy/sell signal for Acacia Communica (ACIA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for Acacia Communica (ACIA) stock?
Acacia Communica (ACIA) has a support level at 114.98 and a resistance level at 115. Check the full technical report for our detailed analysis of ACIA support and resistance levels.