ACM RESEARCH INC-CLASS A (ACMR) Stock Technical Analysis
NASDAQ:ACMR - US00108J1097 - Common Stock
28.22 USD
-1.07 (-3.65%)
28.5 USD
+0.28 (+0.99%)
We assign a technical rating of 9 out of 10 to ACMR. Both in the recent history as in the last year, ACMR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ACMR did better than 89% of all other stocks.
ACMR is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry. ACMR outperforms 80% of them.
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 1193190 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 23.03 - 32.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although ACMR has an excellent technical rating, it does not offer a high quality setup 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
15.50
30.84
When analyzing the support we can see 5 important areas.
- A support zone ranging from 27.63 to 28.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.92 from a trend line in the daily time frame.
- A support zone ranging from 24.05 to 24.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.70 from a trend line in the daily time frame.
- Support @15.66 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.08 to 30.53. 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 ACMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACMR is up. |
| ChartMill Relative Strength | 89.83 | POSITIVE | ACMR has a high relative strength, it outperformed 89.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ACMR is above a declining 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) | 52.38 | NEUTRAL | The RSI value for ACMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests ACMR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.34 | NEUTRAL | The Stochastics value for ACMR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.62 | HIGH VOLATILITY | The high ATR as a percentage value for ACMR suggests high volalility. |
| Average Directional Index/ADX (14) | 23.89 | 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)
28.22
-1.07 (-3.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.65%
1 Week-7.57%
2 Weeks12.79%
1 Month-4.27%
3 Month25.14%
6 Month8.79%
12 Month56.43%
2 Year60.71%
3 Year67.08%
5 Year-4.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.69
ATR(20)%6.62%
ATR Inc-14.55%
Range Today1.42
ADR(20)1.46
ADR(20)%5.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.83
Mansfield1.77
10 Day High32.29
10 Day Low24.14
20 Day High32.29
20 Day Low23.03
52 Week High32.54
52 Week Low13.87
CS1 End28.21
CR1 Start30.08
Volume & EV
DER(3)0.24%
DER(5)0.06%
Volume1.18M
Volume Incr4.34%
Vol(5)1.62M
Vol(50)1.19M