ASCENT INDUSTRIES CO (ACNT) Technical Analysis
NASDAQ:ACNT • US8715651076
Current stock price
14.52 USD
+0.11 (+0.76%)
At close:
14.52 USD
0 (0%)
After Hours:
ACNT Technical Rating and Analysis
Overall ACNT gets a technical rating of 3 out of 10. In the past year, ACNT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, ACNT is a bad performer in the overall market: 62% of all stocks are doing better.
- ACNT is part of the Chemicals industry. There are 82 other stocks in this industry, of which 64% are performing better than ACNT.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month ACNT has a been trading in the 12.71 - 14.70 range, which is quite wide. It is currently trading near the high of this range.
- ACNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACNT is lagging the market.
- Considerably lower volume is observed in the last couple of days.
ACNT Weekly and Daily overview Charts
ACNT Setup Rating and Analysis
ACNT has a poor technical rating and the quality of the setup is also only medium 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
ACNT Support and Resistance Analysis
11.83
14.68
When analyzing the support we can see 5 important areas.
- A support zone ranging from 14.31 to 14.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.04 to 14.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.99 to 13.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.30 from a trend line in the weekly time frame.
- A support zone ranging from 11.95 to 12.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 14.53 to 14.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
ACNT Technical Indicator Signal Analysis
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 ACNT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACNT is up. |
| ChartMill Relative Strength | 38.52 | NEUTRAL | ACNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ACNT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.63 | NEUTRAL | The RSI value for ACNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ACNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.6 | OVERBOUGHT | The high Stochastics value suggests ACNT may be overbought. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for ACNT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.09 | POSITIVE | The high ADX value value for ACNT suggests a strong trend. |
ACNT Chart- and CandleStick Pattern Analysis
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)
ACNT Technicals: Chart, Performance Metrics, Trend & Indicators
14.52
+0.11 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.76%
1 Week1.75%
2 Weeks7.8%
1 Month13.08%
3 Month-10.37%
6 Month17.38%
12 Month11.86%
2 Year41.87%
3 Year53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%2.86%
ATR Inc-0.74%
Range Today0.43
ADR(20)0.41
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.52
3 months CRS24.26
6 months CRS82.67
Mansfield-0.3
10 Day High14.7
10 Day Low13.36
20 Day High14.7
20 Day Low12.71
52 Week High17.92
52 Week Low11.46
CS1 End14.51
CR1 Start14.53
Volume & EV
DER(3)1.79%
DER(5)-0.34%
Volume64.40K
Volume Incr-57.97%
Vol(5)52.74K
Vol(50)125.91K
ASCENT INDUSTRIES CO / ACNT TA FAQ
Can you provide the ChartMill technical rating for ASCENT INDUSTRIES CO?
ChartMill assigns a technical rating of 3 / 10 to ACNT.
Can you provide the trend direction for ASCENT INDUSTRIES CO?
The current trend direction for ASCENT INDUSTRIES CO (ACNT) is Bearish.
What is the RSI signal for ASCENT INDUSTRIES CO (ACNT) stock?
ASCENT INDUSTRIES CO (ACNT) has an RSI value of 62.6342. This indicates that the stock is currently neutral.
What is the short term momentum for ACNT stock?
The short term momentum for ASCENT INDUSTRIES CO (ACNT) is positive.