ASCENT INDUSTRIES CO (ACNT) Stock Technical Analysis
USA - NASDAQ:ACNT - US8715651076 - Common Stock
12.05 USD
-0.01 (-0.08%)
12.05 USD
0 (0%)
Taking everything into account, ACNT scores 3 out of 10 in our technical rating. Although ACNT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ACNT is part of the Metals & Mining industry. There are 156 other stocks in this industry, of which 67% are performing better than ACNT.
In the last month ACNT has a been trading in the 11.90 - 13.14 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that ACNT is one of the better performing stocks in the market, outperforming 73% of all stocks. We also observe that the gains produced by ACNT over the past year are nicely spread over this period.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
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. There is a support zone below the current price at 12.03, a Stop Loss order could be placed below this zone. 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
2 important support areas can be observed.
- A support zone ranging from 11.94 to 12.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.60 to 11.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 12.36 to 12.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.77 from a trend line in the daily time frame.
- 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 | 73.64 | POSITIVE | ACNT has a high relative strength, it outperformed 73.64% off all stocks 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) | 41.33 | NEUTRAL | The RSI value for ACNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ACNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.03 | OVERSOLD | The low Stochastics value suggests ACNT may be oversold. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ACNT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.74 | NEGATIVE | The low ADX value for ACNT 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)
12.05
-0.01 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.08%
1 Week0.84%
2 Weeks-4.37%
1 Month-6.52%
3 Month-6.23%
6 Month-5.86%
12 Month29.15%
2 Year44.31%
3 Year-17.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%2.84%
ATR Inc-26.36%
Range Today0.36
ADR(20)0.33
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.64
Mansfield-0.9
10 Day High12.8
10 Day Low11.9
20 Day High13.15
20 Day Low11.9
52 Week High13.7
52 Week Low9.05
CS1 End12.03
CR1 Start12.36
Volume & EV
DER(3)3.56%
DER(5)3.72%
Volume48.90K
Volume Incr-10.75%
Vol(5)45.60K
Vol(50)53.79K