ACRES COMMERCIAL REALTY CORP (ACR) Stock Technical Analysis
USA - NYSE:ACR - US00489Q1022 - REIT
Taking everything into account, ACR scores 1 out of 10 in our technical rating. ACR 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.
ACR has a poor technical rating and the quality of the setup is also not perfect 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
18.14
We found 2 important support areas.
- Support @18.90 from a horizontal line in the weekly time frame.
- A support zone ranging from 18.32 to 18.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @18.98 from a trend line in the weekly time frame.
- A resistance zone ranging from 20.56 to 21.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 ACR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACR is down. |
| ChartMill Relative Strength | 64.56 | NEUTRAL | ACR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ACR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.32 | OVERSOLD | The low RSI value suggests ACR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests ACR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.63 | OVERSOLD | The low Stochastics value suggests ACR may be oversold. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ACR suggests some volalility. |
| Average Directional Index/ADX (14) | 39.77 | POSITIVE | The high ADX value value for ACR suggests a strong trend. |
18.91
-0.11 (-0.58%)
ACRES COMMERCIAL REALTY CORP / ACR FAQ
What is the ChartMill technical rating of ACRES COMMERCIAL REALTY CORP (ACR) stock?
ChartMill assigns a technical rating of 1 / 10 to ACR.
What is the trend direction for ACR stock?
The current trend direction for ACRES COMMERCIAL REALTY CORP (ACR) is Bearish.
What is the RSI signal for ACR stock?
ACRES COMMERCIAL REALTY CORP (ACR) has an RSI value of 28.322. This indicates that the stock is currently oversold.
What is the support and resistance level for ACR stock?
ACRES COMMERCIAL REALTY CORP (ACR) has a support level at 18.9 and a resistance level at 18.98. Check the full technical report for our detailed analysis of ACR support and resistance levels.