AMERICAN COASTAL INSURANCE C (ACIC) Technical Analysis
NASDAQ:ACIC • US9107101027
Current stock price
ACIC Technical Rating and Analysis
Overall ACIC gets a technical rating of 7 out of 10. In the last year, ACIC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month ACIC has a been trading in the 10.60 - 12.30 range, which is quite wide. It is currently trading near the high of this range.
- 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 an average performer in the Insurance industry, it outperforms 69% of 147 stocks in the same industry.
- 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.
ACIC Weekly and Daily overview Charts
ACIC Setup Rating and Analysis
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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ACIC Support and Resistance Analysis
10.00
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.45 to 11.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.07 to 11.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.78 to 10.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 11.94 to 11.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.25 from a trend line in the weekly time frame.
- Resistance @12.51 from a horizontal line in the weekly time frame.
- Resistance @12.75 from a horizontal line in the weekly time frame.
- Resistance @13.04 from a horizontal line in the daily time frame.
ACIC Technical Indicator Signal Analysis
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 | 49.74 | 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) | 54.41 | NEUTRAL | The RSI value for ACIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ACIC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.87 | NEUTRAL | The Stochastics value for ACIC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for ACIC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.82 | NEGATIVE | The low ADX value for ACIC suggests a weak or negative trend. |
ACIC Chart- and CandleStick Pattern Analysis
ACIC Technicals: Chart, Performance Metrics, Trend & Indicators
11.85
-0.4 (-3.27%)
AMERICAN COASTAL INSURANCE C / ACIC TA FAQ
Can you provide the ChartMill technical rating for AMERICAN COASTAL INSURANCE C?
ChartMill assigns a technical rating of 7 / 10 to ACIC.
What is the trend direction for ACIC stock?
The current trend direction for AMERICAN COASTAL INSURANCE C (ACIC) is Bullish.
Can you provide the RSI signal for AMERICAN COASTAL INSURANCE C?
AMERICAN COASTAL INSURANCE C (ACIC) has an RSI value of 54.4061. This indicates that the stock is currently neutral.
What is the short term momentum for AMERICAN COASTAL INSURANCE C (ACIC) stock?
The short term momentum for AMERICAN COASTAL INSURANCE C (ACIC) is positive.
What is the support and resistance level for ACIC stock?
AMERICAN COASTAL INSURANCE C (ACIC) has a support level at 11.66 and a resistance level at 11.94. Check the full technical report for our detailed analysis of ACIC support and resistance levels.