AMERICAN COASTAL INSURANCE C (ACIC) Stock Technical Analysis
NASDAQ:ACIC - US9107101027 - Common Stock
10.7 USD
+0.21 (+2%)
10.7 USD
0 (0%)
Overall ACIC gets a technical rating of 2 out of 10. In the past year, ACIC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ACIC is a bad performer in the overall market: 76% of all stocks are doing better.
ACIC is part of the Insurance industry. There are 143 other stocks in this industry, of which 61% are performing better than ACIC.
ACIC 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.
In the last month ACIC has a been trading in the 9.97 - 11.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ACIC has a bad 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 10.33, a Stop Loss order could be placed below this zone.
More info and screens
9.94
12.40
We found 1 important support area.
- A support zone ranging from 10.04 to 10.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 10.75 to 11.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.62 from a trend line in the daily time frame.
- A resistance zone ranging from 11.85 to 11.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @12.28 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 | DOWN | NEGATIVE | The long term trend for ACIC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACIC is neutral. |
| ChartMill Relative Strength | 24.98 | NEGATIVE | ACIC has a low relative strength, it was outperformed by 75.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACIC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACIC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.08 | NEUTRAL | The RSI value for ACIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ACIC has a negative trend. |
| Stochastics (14,3) | 46.13 | NEUTRAL | The Stochastics value for ACIC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for ACIC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.01 | NEGATIVE | The low ADX value for ACIC suggests a weak or negative 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)
10.7
+0.21 (+2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2%
1 Week-2.99%
2 Weeks-1.65%
1 Month3.38%
3 Month-0.93%
6 Month-11.86%
12 Month-4.72%
2 Year42.76%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%3.41%
ATR Inc-29.51%
Range Today0.33
ADR(20)0.36
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.98
Mansfield-1.63
10 Day High11.22
10 Day Low10.31
20 Day High11.22
20 Day Low9.97
52 Week High15.08
52 Week Low8.82
CS1 End10.33
CR1 Start10.75
Volume & EV
DER(3)2.96%
DER(5)1.26%
Volume152.00K
Volume Incr-21.92%
Vol(5)167.38K
Vol(50)209.60K