Arclight Clean Transition Corp Cl A (ACTC) Technical Analysis
NASDAQ:ACTC
Current stock price
ACTC Technical Rating and Analysis
Taking everything into account, ACTC scores 5 out of 10 in our technical rating. ACTC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than ACTC.
- The long and short term trends are both positive. This is looking good!
- ACTC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- ACTC 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 ACTC is lagging the market slightly.
ACTC Weekly and Daily overview Charts
ACTC Setup Rating and Analysis
ACTC has an average technical rating and it also does not offer a high quality setup 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
ACTC Support and Resistance Analysis
13.79
When analyzing the support we notice one important area.
- Support @13.93 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.74 to 19.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ACTC 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 ACTC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACTC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ACTC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ACTC is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 54.66 | NEUTRAL | The RSI value for ACTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ACTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.1 | NEUTRAL | The Stochastics value for ACTC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for ACTC suggests high volalility. |
ACTC Chart- and CandleStick Pattern Analysis
ACTC Technicals: Chart, Performance Metrics, Trend & Indicators
Arclight Clean Transition Corp Cl A
NASDAQ:ACTC (6/14/2021, 8:00:00 PM)
After market: 18.25 +0.16 (+0.88%)18.09
-0.92 (-4.84%)
Arclight Clean Transition Corp Cl A / ACTC TA FAQ
What is the technical rating for ACTC stock?
ChartMill assigns a technical rating of 5 / 10 to ACTC.
Can you provide the trend direction for Arclight Clean Transition Corp Cl A?
The current trend direction for Arclight Clean Transition Corp Cl A (ACTC) is Bullish.
What is the RSI signal for ACTC stock?
Arclight Clean Transition Corp Cl A (ACTC) has an RSI value of 54.6639. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Arclight Clean Transition Corp Cl A?
The MACD indicator for Arclight Clean Transition Corp Cl A (ACTC) has a value of 0.0721371, indicating a bearish trend.
Can you provide the short term momentum for Arclight Clean Transition Corp Cl A?
The short term momentum for Arclight Clean Transition Corp Cl A (ACTC) is positive.