Overall ACT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ACT has proven to be a steady performer, scoring decent points in every aspect analyzed.
ACT has an excellent technical rating, but the quality of the setup is 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
33.23
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.47 to 39.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.55 to 36.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.57 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for ACT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACT is up. |
| ChartMill Relative Strength | 78.03 | POSITIVE | ACT has a high relative strength, it outperformed 78.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.62 | NEUTRAL | The RSI value for ACT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ACT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.7 | OVERBOUGHT | The high Stochastics value suggests ACT may be overbought. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for ACT suggests low volalility. |
| Average Directional Index/ADX (14) | 23.37 | NEUTRAL | The ADX value for ACT suggests a possible start of a new trend. |
40.4
-0.22 (-0.54%)
ENACT HOLDINGS INC / ACT FAQ
Can you provide the ChartMill technical rating for ENACT HOLDINGS INC?
ChartMill assigns a technical rating of 10 / 10 to ACT.
What is the current trend direction of ENACT HOLDINGS INC (ACT) stock?
The current trend direction for ENACT HOLDINGS INC (ACT) is Bullish.
Can you provide the RSI signal for ENACT HOLDINGS INC?
ENACT HOLDINGS INC (ACT) has an RSI value of 66.6173. This indicates that the stock is currently neutral.
What is the short term momentum for ENACT HOLDINGS INC (ACT) stock?
The short term momentum for ENACT HOLDINGS INC (ACT) is positive.
What are the support and resistance levels for ENACT HOLDINGS INC (ACT) stock?
ENACT HOLDINGS INC (ACT) has a support level at 39.53. Check the full technical report for our detailed analysis of ACT support and resistance levels.