Overall ACMR gets a technical rating of 5 out of 10. Although ACMR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ACMR has an average technical rating and the quality of the presented setup is also not ideal 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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25.77
When analyzing the support we can see 4 important areas.
- A support zone ranging from 29.22 to 30.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.37 from a trend line in the weekly time frame.
- Support @27.19 from a trend line in the weekly time frame.
- Support @26.03 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @40.93 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for ACMR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACMR is down. |
| ChartMill Relative Strength | 94.07 | POSITIVE | ACMR has a high relative strength, it outperformed 94.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACMR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACMR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.25 | NEUTRAL | The RSI value for ACMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests ACMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.17 | NEUTRAL | The Stochastics value for ACMR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.35 | HIGH VOLATILITY | The high ATR as a percentage value for ACMR suggests high volalility. |
| Average Directional Index/ADX (14) | 25.07 | POSITIVE | The high ADX value value for ACMR suggests a strong trend. |
32.01
+1.98 (+6.59%)
ACM RESEARCH INC-CLASS A / ACMR FAQ
What is the ChartMill technical rating of ACM RESEARCH INC-CLASS A (ACMR) stock?
ChartMill assigns a technical rating of 5 / 10 to ACMR.
What is the trend direction for ACMR stock?
The current trend direction for ACM RESEARCH INC-CLASS A (ACMR) is Bearish.
What is the RSI signal for ACM RESEARCH INC-CLASS A (ACMR) stock?
ACM RESEARCH INC-CLASS A (ACMR) has an RSI value of 43.246. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ACM RESEARCH INC-CLASS A?
The MACD indicator for ACM RESEARCH INC-CLASS A (ACMR) has a value of -0.293108, indicating a bearish trend.