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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ACM did better than 81% of all other stocks.
A new 52 week high is currently being made by ACM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ACM is part of the Construction & Engineering industry. There are 49 other stocks in this industry, ACM did better than 50% of them.
Besides having an excellent technical rating, ACM also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 121.59. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- 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
92.17
123.24
We found 3 important support areas.
- A support zone ranging from 114.01 to 115.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 108.59 to 112.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @93.10 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 121.59 to 122.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 81.29 | POSITIVE | ACM has a high relative strength, it outperformed 81.29% 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) | 65.03 | NEUTRAL | The RSI value for ACM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ACM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.51 | OVERBOUGHT | The high Stochastics value suggests ACM may be overbought. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for ACM suggests low volalility. |
| Average Directional Index/ADX (14) | 27.81 | 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 |
|---|---|---|---|
| 122.03 | 118.30 | 3.73 (3.06%) | 25.00% |
| An entry @122.03. This is a Buy Stop order right above the resistance zone. | An exit @118.30. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.73 points, which is 3.06%. | For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
121.58
+1.49 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.24%
1 Week1.22%
2 Weeks1.99%
1 Month7.52%
3 Month12.99%
6 Month24.67%
12 Month23.86%
2 Year38.55%
3 Year66.21%
5 Year207.72%
10 Year342.11%
15 Year440.36%
Volatility
ATR(14)2.41
ATR(20)%1.97%
ATR Inc-1.61%
Range Today2.16
ADR(20)2.21
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.29
Mansfield0.6
10 Day High122.04
10 Day Low118.31
20 Day High122.04
20 Day Low108.79
52 Week High122.04
52 Week Low85
CS1 End115.31
CR1 Start121.59
Volume & EV
DER(3)-1.02%
DER(5)-0.12%
Volume647.30K
Volume Incr-43.05%
Vol(5)534.34K
Vol(50)905.61K