AMERICAN COASTAL INSURANCE C (ACIC) Stock Technical Analysis
USA - NASDAQ:ACIC - US9107101027 - Common Stock
We assign a technical rating of 1 out of 10 to ACIC. ACIC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ACIC is bad and it also does not present a quality setup 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
2 important support areas can be observed.
- Support @10.33 from a horizontal line 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.52 to 11.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.15 to 12.41. 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 | NEUTRAL | NEUTRAL | The long term trend for ACIC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACIC is down. |
| ChartMill Relative Strength | 34.78 | NEUTRAL | ACIC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACIC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACIC is below 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) | 36.28 | NEUTRAL | The RSI value for ACIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ACIC has a negative trend. |
| Stochastics (14,3) | 4.83 | OVERSOLD | The low Stochastics value suggests ACIC may be oversold. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for ACIC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.43 | NEGATIVE | The low ADX value for ACIC suggests a weak or negative trend. |
11.23
-0.12 (-1.06%)
AMERICAN COASTAL INSURANCE C / ACIC FAQ
Can you provide the ChartMill technical rating for AMERICAN COASTAL INSURANCE C?
ChartMill assigns a technical rating of 1 / 10 to ACIC.
What is the current trend direction of AMERICAN COASTAL INSURANCE C (ACIC) stock?
The current trend direction for AMERICAN COASTAL INSURANCE C (ACIC) is Bearish.
What is the RSI signal for AMERICAN COASTAL INSURANCE C (ACIC) stock?
AMERICAN COASTAL INSURANCE C (ACIC) has an RSI value of 36.2752. This indicates that the stock is currently neutral.
What is the MACD signal for AMERICAN COASTAL INSURANCE C (ACIC) stock?
The MACD indicator for AMERICAN COASTAL INSURANCE C (ACIC) has a value of -0.10183, indicating a bearish trend.
What is the support and resistance level for ACIC stock?
AMERICAN COASTAL INSURANCE C (ACIC) has a support level at 10.33 and a resistance level at 11.52. Check the full technical report for our detailed analysis of ACIC support and resistance levels.