Taking everything into account, ACIC scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ACIC is only an average performer.
Although ACIC has an excellent technical rating, it does not present a decent entry opportunity 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.
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9.94
When analyzing the support we can see 6 important areas.
- A support zone ranging from 11.98 to 12.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.67 from a horizontal line in the weekly time frame.
- Support @11.48 from a trend line in the daily time frame.
- A support zone ranging from 11.15 to 11.22. 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.
- Support @10.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @12.79 from a horizontal line 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 | UP | POSITIVE | The long term trend for ACIC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACIC is up. |
| ChartMill Relative Strength | 62.65 | 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) | UP | POSITIVE | The current price of ACIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.12 | NEUTRAL | The RSI value for ACIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ACIC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.88 | OVERBOUGHT | The high Stochastics value suggests ACIC may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for ACIC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.52 | NEUTRAL | The ADX value for ACIC suggests a possible start of a new trend. |
12.78
-0.03 (-0.23%)
AMERICAN COASTAL INSURANCE C / ACIC FAQ
Can you provide the ChartMill technical rating for AMERICAN COASTAL INSURANCE C?
ChartMill assigns a technical rating of 8 / 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 Bullish.
What is the RSI signal for AMERICAN COASTAL INSURANCE C (ACIC) stock?
AMERICAN COASTAL INSURANCE C (ACIC) has an RSI value of 66.1194. 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 0.0820737, indicating a bearish trend.
What is the support and resistance level for ACIC stock?
AMERICAN COASTAL INSURANCE C (ACIC) has a support level at 12.2 and a resistance level at 12.79. Check the full technical report for our detailed analysis of ACIC support and resistance levels.