ABRDN INCOME CREDIT STRAT (ACP) Stock Technical Analysis
NYSE:ACP • US0030571063
Taking everything into account, ACP scores 2 out of 10 in our technical rating. ACP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, ACP is a bad performer in the overall market: 72% of all stocks are doing better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ACP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACP is lagging the market.
- In the last month ACP has a been trading in a tight range between 5.50 and 5.76.
ACP 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
5.36
2 important support areas can be observed.
- A support zone ranging from 5.54 to 5.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.56 to 5.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.92 to 5.99. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for ACP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACP is neutral. |
| ChartMill Relative Strength | 28.42 | NEGATIVE | ACP has a low relative strength, it was outperformed by 71.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.02 | NEUTRAL | The RSI value for ACP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ACP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.21 | NEUTRAL | The Stochastics value for ACP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for ACP suggests low volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for ACP suggests a possible start of a new trend. |
NYSE:ACP (2/27/2026, 10:17:00 AM)
5.555
-0.04 (-0.63%)
ABRDN INCOME CREDIT STRAT / ACP FAQ
Can you provide the ChartMill technical rating for ABRDN INCOME CREDIT STRAT?
ChartMill assigns a technical rating of 2 / 10 to ACP.
What is the current trend direction of ABRDN INCOME CREDIT STRAT (ACP) stock?
The current trend direction for ABRDN INCOME CREDIT STRAT (ACP) is Bearish.
What is the RSI signal for ACP stock?
ABRDN INCOME CREDIT STRAT (ACP) has an RSI value of 47.0199. This indicates that the stock is currently neutral.
What is the MACD signal for ABRDN INCOME CREDIT STRAT (ACP) stock?
The MACD indicator for ABRDN INCOME CREDIT STRAT (ACP) has a value of -0.0190734, indicating a bearish trend.