ACM RESEARCH INC-CLASS A (ACMR) Stock Technical Analysis
NASDAQ:ACMR - Nasdaq - US00108J1097 - Common Stock - Currency: USD
Taking everything into account, ACMR scores 7 out of 10 in our technical rating. Although ACMR is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, ACMR is a bad performer in the overall market: 73% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
ACMR has an average volume of 1469130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ACMR is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, ACMR did better than 56% of them.
ACMR 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 ACMR is lagging the market slightly.
In the last month ACMR has a been trading in the 21.87 - 26.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although ACMR 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.
More info and screens
15.64
28.32
When analyzing the support we can see 5 important areas.
- Support @22.41 from a horizontal line in the daily time frame.
- Support @21.40 from a trend line in the weekly time frame.
- Support @20.20 from a trend line in the daily time frame.
- Support @19.40 from a trend line in the daily time frame.
- Support @15.80 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 24.39 to 24.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.85 from a horizontal line in the daily time frame.
- Resistance @28.04 from a trend line in the weekly 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 ACMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACMR is up. |
| ChartMill Relative Strength | 27.1 | NEGATIVE | ACMR has a low relative strength, it was outperformed by 72.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACMR is above 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) | 54.76 | NEUTRAL | The RSI value for ACMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ACMR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.37 | NEUTRAL | The Stochastics value for ACMR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for ACMR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for ACMR suggests a weak or negative 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)
24.37
-1.36 (-5.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-5.29%
1 Week-1.34%
2 Weeks8.07%
1 Month0.16%
3 Month-16.48%
6 Month56.32%
12 Month3.53%
2 Year86.32%
3 Year44.8%
5 Year17.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%4.08%
ATR Inc0.65%
Range Today0.86
ADR(20)0.89
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.1
Mansfield1.42
10 Day High26.91
10 Day Low22.23
20 Day High26.91
20 Day Low21.87
52 Week High30.64
52 Week Low13.87
CS1 End22.41
CR1 Start24.39
Volume & EV
DER(3)-0.92%
DER(5)-0.95%
Volume840.22K
Volume Incr-21.6%
Vol(5)830.91K
Vol(50)1.47M