AMERICAN COASTAL INSURANCE C (ACIC) Stock Technical Analysis
USA - NASDAQ:ACIC - US9107101027 - Common Stock
11.46 USD
+0.26 (+2.32%)
11.41 USD
-0.05 (-0.44%)
Taking everything into account, ACIC scores 5 out of 10 in our technical rating. In the past year, ACIC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the performance of all stocks over the past year, ACIC turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
ACIC is part of the Insurance industry. There are 146 other stocks in this industry, ACIC did better than 62% of them.
ACIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACIC is lagging the market.
In the last month ACIC has a been trading in the 10.31 - 11.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ACIC has an average technical rating and also the quality of the setup is only medium 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
9.94
12.40
3 important support areas can be observed.
- A support zone ranging from 10.82 to 11.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.33 to 10.37. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 10.04 to 10.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.47 to 11.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for ACIC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACIC is up. |
| ChartMill Relative Strength | 49.22 | NEUTRAL | ACIC is not amongst the best or worst performers 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) | 59.93 | NEUTRAL | The RSI value for ACIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ACIC has a positive trend. |
| Stochastics (14,3) | 50.37 | NEUTRAL | The Stochastics value for ACIC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ACIC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.11 | 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)
11.46
+0.26 (+2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.32%
1 Week5.23%
2 Weeks1.87%
1 Month5.43%
3 Month7.2%
6 Month-0.61%
12 Month0.7%
2 Year55.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.92%
ATR Inc-15.94%
Range Today0.38
ADR(20)0.33
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.22
Mansfield-1.21
10 Day High11.55
10 Day Low10.71
20 Day High11.82
20 Day Low10.31
52 Week High15.08
52 Week Low8.82
CS1 End11.06
CR1 Start11.47
Volume & EV
DER(3)0.72%
DER(5)2.94%
Volume188.50K
Volume Incr32.15%
Vol(5)222.21K
Vol(50)185.45K