ACM RESEARCH INC-CLASS A (ACMR) Stock Technical Analysis
USA - NASDAQ:ACMR - US00108J1097 - Common Stock
41.72 USD
+1.47 (+3.65%)
41.81 USD
+0.09 (+0.22%)
We assign a technical rating of 10 out of 10 to ACMR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACMR is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
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 ACMR is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, ACMR also shows a nice and consistent pattern of rising prices.
ACMR is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 85% of 112 stocks in the same industry.
ACMR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACMR is lagging the market slightly.
ACMR has an average volume of 1810890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ACMR has a been trading in the 36.40 - 45.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ACMR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
24.13
42.14
6 important support areas can be observed.
- A support zone ranging from 36.58 to 36.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.72 from a trend line in the daily time frame.
- Support @26.99 from a trend line in the weekly time frame.
- Support @25.98 from a trend line in the weekly time frame.
- Support @25.43 from a trend line in the daily time frame.
- Support @24.37 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 ACMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACMR is up. |
| ChartMill Relative Strength | 94.79 | POSITIVE | ACMR has a high relative strength, it outperformed 94.79% 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) | 60.07 | NEUTRAL | The RSI value for ACMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests ACMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.53 | NEUTRAL | The Stochastics value for ACMR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for ACMR suggests high volalility. |
| Average Directional Index/ADX (14) | 21.22 | NEUTRAL | The ADX value for ACMR suggests a possible start of a new 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)
41.72
+1.47 (+3.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.65%
1 Week9.59%
2 Weeks14.02%
1 Month10.46%
3 Month39.39%
6 Month96.51%
12 Month113.73%
2 Year206.77%
3 Year551.88%
5 Year77.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.27
ATR(20)%5.63%
ATR Inc24.35%
Range Today1.55
ADR(20)2.18
ADR(20)%5.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.79
3 months CRS92.29
6 months CRS93.09
Mansfield5.23
10 Day High42.17
10 Day Low36.76
20 Day High45.12
20 Day Low36.4
52 Week High45.12
52 Week Low13.87
CS1 End36.58
CR1 StartN/A
Volume & EV
DER(3)2.25%
DER(5)2.27%
Volume988.60K
Volume Incr-61.04%
Vol(5)868.10K
Vol(50)1.81M
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 10 / 10 to ACMR.
What is the trend direction for ACMR stock?
The current trend direction for ACM RESEARCH INC-CLASS A (ACMR) is Bullish.
What is the RSI signal for ACM RESEARCH INC-CLASS A (ACMR) stock?
ACM RESEARCH INC-CLASS A (ACMR) has an RSI value of 60.074. 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 -0.304561, indicating a bearish trend.
What is the buy/sell signal for ACM RESEARCH INC-CLASS A (ACMR) stock?
The buy/sell signal for ACM RESEARCH INC-CLASS A (ACMR) is buy as both the short term and long term trends are positive.