AECOM (ACM) Stock Technical Analysis
NYSE:ACM - New York Stock Exchange, Inc. - US00766T1007 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ACM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ACM is one of the better performing stocks in the market, outperforming 86% of all stocks.
ACM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ACM is performing more or less in line with the market.
ACM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ACM has an average volume of 1011280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ACM is an average performer in the Construction & Engineering industry, it outperforms 62% of 51 stocks in the same industry.
ACM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 108.97, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
87.56
112.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 107.37 to 108.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @90.79 from a trend line in the weekly time frame.
- Support @88.44 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @111.05 from a horizontal line in the daily 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 ACM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACM is up. |
| ChartMill Relative Strength | 86.37 | POSITIVE | ACM has a high relative strength, it outperformed 86.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.31 | OVERBOUGHT | The high RSI value suggests ACM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ACM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.13 | OVERBOUGHT | The high Stochastics value suggests ACM may be overbought. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for ACM suggests low volalility. |
| Average Directional Index/ADX (14) | 33.53 | POSITIVE | The high ADX value value for ACM suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 111.06 | 107.36 | 3.70 (3.33%) | 25.00% |
| An entry @111.06. This is a Buy Stop order right above the resistance zone. | An exit @107.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.70 points, which is 3.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
109.37
+1.77 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.64%
1 Week0.4%
2 Weeks2.86%
1 Month12.24%
3 Month9.32%
6 Month-6.5%
12 Month25.22%
2 Year40.13%
3 Year56.58%
5 Year182.1%
10 Year231.12%
15 Year330.93%
Volatility
ATR(14)1.75
ATR(20)%1.84%
ATR Inc6.05%
Range Today2.15
ADR(20)1.89
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.37
Mansfield0.52
10 Day High109.53
10 Day Low106.06
20 Day High109.53
20 Day Low95.89
52 Week High118.56
52 Week Low82.23
CS1 End108.97
CR1 Start111.05
Volume & EV
DER(3)-0.43%
DER(5)-1.04%
Volume689.00K
Volume Incr-18.56%
Vol(5)662.50K
Vol(50)1.01M