Acacia Communica (ACIA) Technical Analysis
NASDAQ:ACIA
Current stock price
ACIA Technical Rating and Analysis
Overall ACIA gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACIA is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by ACIA, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so ACIA is leading the market.
- 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 overall good ranking is mostly due to the recent strong 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
Besides having an excellent technical rating, ACIA also presents 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 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
When analyzing the support we can see 6 important areas.
- 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.
When analyzing the resistance we notice one important 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 worst case loss on the trade is limited to 0.22 points, which is 0.19%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.05%. |
- 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.
Can you provide the trend direction for Acacia Communica?
The current trend direction for Acacia Communica (ACIA) is Bullish.
Can you provide the RSI signal for Acacia Communica?
Acacia Communica (ACIA) has an RSI value of 92.4741. This indicates that the stock is currently overbought.
What is the MACD signal for Acacia Communica (ACIA) stock?
The MACD indicator for Acacia Communica (ACIA) has a value of -1.30483, indicating a bearish trend.
What is the support and resistance level for 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.