INDEPENDENCE HOLDINGS CORP (ACQRU) Technical Analysis
NASDAQ:ACQRU • KYG4761A1195
Current stock price
ACQRU Technical Rating and Analysis
Overall ACQRU gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACQRU is showing a nice and steady performance.
- Warning: ACQRU has an average volume of 20170 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ACQRU did better than 82% of all other stocks.
- ACQRU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACQRU is lagging the market slightly.
- In the last month ACQRU has a been trading in a tight range between 10.06 and 10.40.
- Considerably lower volume is observed in the last couple of days.
ACQRU Weekly and Daily overview Charts
ACQRU Setup Rating and Analysis
Besides having an excellent technical rating, ACQRU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.17, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ACQRU Support and Resistance Analysis
9.66
We found 1 important support area.
- A support zone ranging from 9.76 to 10.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.20 to 10.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @10.41 from a horizontal line in the daily time frame.
ACQRU 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 | UP | POSITIVE | The long term trend for ACQRU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACQRU is up. |
| ChartMill Relative Strength | 82.27 | POSITIVE | ACQRU has a high relative strength, it outperformed 82.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACQRU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACQRU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACQRU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.93 | NEUTRAL | The RSI value for ACQRU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ACQRU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.36 | OVERBOUGHT | The high Stochastics value suggests ACQRU may be overbought. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for ACQRU suggests low volalility. |
| Average Directional Index/ADX (14) | 11.1 | NEGATIVE | The low ADX value for ACQRU suggests a weak or negative trend. |
ACQRU Chart- and CandleStick Pattern Analysis
ACQRU Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.21 | 10.13 | 0.08 (0.78%) | 25.00% |
| An entry @10.21. This is a Buy Stop order right above the resistance zone. | An exit @10.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 0.78%. | For a 0.20% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ACQRU Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ACQRU (3/8/2023, 8:22:56 PM)
10.19
+0.01 (+0.1%)
INDEPENDENCE HOLDINGS CORP / ACQRU TA FAQ
Can you provide the ChartMill technical rating for INDEPENDENCE HOLDINGS CORP?
ChartMill assigns a technical rating of 8 / 10 to ACQRU.
What is the current trend direction of INDEPENDENCE HOLDINGS CORP (ACQRU) stock?
The current trend direction for INDEPENDENCE HOLDINGS CORP (ACQRU) is Bullish.
What is the RSI signal for ACQRU stock?
INDEPENDENCE HOLDINGS CORP (ACQRU) has an RSI value of 57.9273. This indicates that the stock is currently neutral.
What is the MACD signal for INDEPENDENCE HOLDINGS CORP (ACQRU) stock?
The MACD indicator for INDEPENDENCE HOLDINGS CORP (ACQRU) has a value of -0.00214411, indicating a bearish trend.
Can you provide the short term momentum for INDEPENDENCE HOLDINGS CORP?
The short term momentum for INDEPENDENCE HOLDINGS CORP (ACQRU) is positive.