ASCENT INDUSTRIES CO (ACNT) Stock Technical Analysis
NASDAQ:ACNT - US8715651076 - Common Stock
11.94 USD
-0.12 (-1%)
11.94 USD
0 (0%)
We assign a technical rating of 1 out of 10 to ACNT. ACNT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ACNT is one of the lesser performing stocks in the Metals & Mining industry. 74% of 155 stocks in the same industry do better.
In the last month ACNT has a been trading in the 11.62 - 13.26 range, which is quite wide. It is currently trading near the lows of this range.
ACNT 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 ACNT is lagging the market slightly.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, ACNT turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
ACNT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ACNT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.48
13.35
We found 2 important support areas.
- Support @11.93 from a horizontal line in the weekly time frame.
- A support zone ranging from 11.60 to 11.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.98 to 11.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.43 to 12.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.14 to 13.22. 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 | NEUTRAL | NEUTRAL | The long term trend for ACNT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACNT is down. |
| ChartMill Relative Strength | 47.88 | NEUTRAL | ACNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ACNT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.79 | NEUTRAL | The RSI value for ACNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ACNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.25 | NEUTRAL | The Stochastics value for ACNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for ACNT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for ACNT 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)
11.94
-0.12 (-1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1%
1 Week2.05%
2 Weeks-4.78%
1 Month-6.94%
3 Month-7.59%
6 Month6.8%
12 Month15.81%
2 Year33.71%
3 Year-28.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%3.42%
ATR Inc-23.5%
Range Today0.35
ADR(20)0.4
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.88
Mansfield-0.63
10 Day High12.76
10 Day Low11.62
20 Day High13.26
20 Day Low11.62
52 Week High13.7
52 Week Low8.16
CS1 End11.93
CR1 Start11.98
Volume & EV
DER(3)2.58%
DER(5)3.81%
Volume25.64K
Volume Incr52.33%
Vol(5)64.49K
Vol(50)73.16K