Overall ACIC gets a technical rating of 1 out of 10. ACIC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 76% of all other stocks performed better in the past year than ACIC.
- ACIC is one of the lesser performing stocks in the Insurance industry. 60% of 147 stocks in the same industry do better.
- ACIC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- 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.
Although the technical rating is bad, ACIC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 11.15, a Stop Loss order could be placed below this zone.
More info and screens
10.00
We found 4 important support areas.
- A support zone ranging from 11.04 to 11.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.78 to 10.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.33 from a horizontal line in the weekly time frame.
- A support zone ranging from 10.10 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.
- Resistance @11.23 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.51 to 12.75. This zone is formed by a combination of multiple trend lines in the weekly 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 | DOWN | NEGATIVE | The short term trend for ACIC is down. |
| ChartMill Relative Strength | 24.42 | NEGATIVE | ACIC has a low relative strength, it was outperformed by 75.58% 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) | DOWN | NEGATIVE | The current price of ACIC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ACIC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.44 | NEUTRAL | The RSI value for ACIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ACIC has a positive trend. |
| Stochastics (14,3) | 56.22 | NEUTRAL | The Stochastics value for ACIC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for ACIC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.8 | NEGATIVE | The low ADX value for ACIC suggests a weak or negative trend. |
11.18
+0.11 (+0.99%)
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 trend direction for 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 45.4433. This indicates that the stock is currently neutral.
What is the MACD signal for ACIC stock?
The MACD indicator for AMERICAN COASTAL INSURANCE C (ACIC) has a value of 0.0455492, indicating a bearish trend.
Can you provide the buy/sell signal for AMERICAN COASTAL INSURANCE C?
The buy/sell signal for AMERICAN COASTAL INSURANCE C (ACIC) is sell as both the short term and long term trends are negative.