TCW AAA CLO ETF (ACLO) Technical Analysis
NYSE:ACLO • US29287L8587
Current stock price
ACLO Technical Rating and Analysis
Overall ACLO gets a technical rating of 3 out of 10. In the last year, ACLO was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When compared to the yearly performance of all other stocks, ACLO outperforms 43% of them, which is more or less in line with the market.
- ACLO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACLO is lagging the market slightly.
- In the last month ACLO has a been trading in a tight range between 50.15 and 50.95.
- Volume is considerably higher in the last couple of days.
ACLO Weekly and Daily overview Charts
ACLO Setup Rating and Analysis
Although the technical rating is bad, ACLO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 50.26, a Stop Loss order could be placed below this zone.
More info and screens
ACLO Support and Resistance Analysis
49.13
When analyzing the support we notice one important area.
- A support zone ranging from 49.63 to 50.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 50.37 to 50.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ACLO 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 ACLO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACLO is neutral. |
| ChartMill Relative Strength | 43.94 | NEUTRAL | ACLO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACLO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACLO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ACLO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.96 | NEUTRAL | The RSI value for ACLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ACLO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests ACLO may be oversold. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for ACLO suggests low volalility. |
| Average Directional Index/ADX (14) | 34.12 | POSITIVE | The high ADX value value for ACLO suggests a strong trend. |
ACLO Chart- and CandleStick Pattern Analysis
ACLO Technicals: Chart, Performance Metrics, Trend & Indicators
50.3
+0.02 (+0.03%)
TCW AAA CLO ETF / ACLO TA FAQ
What is the technical rating for ACLO stock?
ChartMill assigns a technical rating of 3 / 10 to ACLO.
Can you provide the trend direction for TCW AAA CLO ETF?
The current trend direction for TCW AAA CLO ETF (ACLO) is Bullish.
What is the RSI signal for TCW AAA CLO ETF (ACLO) stock?
TCW AAA CLO ETF (ACLO) has an RSI value of 43.9631. This indicates that the stock is currently neutral.
What is the short term momentum for TCW AAA CLO ETF (ACLO) stock?
The short term momentum for TCW AAA CLO ETF (ACLO) is neutral.