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ARCLIGHT CLEAN TRANSITION -A (ACTD) Stock Technical Analysis

USA - NASDAQ:ACTD - KYG0R21B1044 - Common Stock

7.6 USD
-0.22 (-2.81%)
Last: 7/21/2022, 8:00:00 PM
7.95 USD
+0.35 (+4.61%)
After Hours: 7/21/2022, 8:00:00 PM
Technical Rating and Analysis

1

Taking everything into account, ACTD scores 1 out of 10 in our technical rating. ACTD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, ACTD is a bad performer in the overall market: 77% of all stocks are doing better.
ACTD is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ACTD is lagging the market.
In the last month ACTD has a been trading in the 6.96 - 10.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Weekly and Daily overview Charts
ARCLIGHT CLEAN TRANSITION -A / ACTD Weekly stock chart
ARCLIGHT CLEAN TRANSITION -A / ACTD Daily stock chart
Setup Rating and Analysis

2

The technical rating of ACTD is bad and it also does not present a 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.

Support and Resistance Analysis

7.52

10.20

We can see 2 important resistance areas.

  • A resistance zone ranging from 9.63 to 9.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong resistance @10.10 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ACTD is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ACTD is neutral.
ChartMill Relative Strength23.35NEGATIVEACTD has a low relative strength, it was outperformed by 76.65% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ACTD is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ACTD is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ACTD is below a declining SMA(200).
Relative Strength Index/RSI (14)22.45OVERSOLDThe low RSI value suggests ACTD may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.21NEGATIVEThe MACD value suggests ACTD has a negative trend.
Stochastics (14,3)30.86NEUTRALThe Stochastics value for ACTD is a neutral value.
Average True Range in percent/ATR (20)6.25HIGH VOLATILITYThe high ATR as a percentage value for ACTD suggests high volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ARCLIGHT CLEAN TRANSITION -A / ACTD Daily stock chart

ARCLIGHT CLEAN TRANSITION -A

NASDAQ:ACTD (7/21/2022, 8:00:00 PM)

After market: 7.95 +0.35 (+4.61%)

7.6

-0.22 (-2.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.81%
1 Week-22.37%
2 Weeks-23.54%
1 Month-23.23%
3 Month-23.46%
6 Month-22.84%
12 Month-23.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%6.25%
ATR Inc492.89%
Range Today1.34
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.35
3 months CRSN/A
6 months CRSN/A
Mansfield-1.58
10 Day High10.95
10 Day Low6.96
20 Day High10.95
20 Day Low6.96
52 Week High10.95
52 Week Low6.96
CS1 EndN/A
CR1 Start9.63
Volume & EV
DER(3)2.52%
DER(5)-3.89%
Volume252.20K
Volume Incr85.02%
Vol(5)850.58K
Vol(50)388.47K

ARCLIGHT CLEAN TRANSITION -A / ACTD FAQ

What is the ChartMill technical rating of ARCLIGHT CLEAN TRANSITION -A (ACTD) stock?

ChartMill assigns a technical rating of 1 / 10 to ACTD.


Can you provide the trend direction for ARCLIGHT CLEAN TRANSITION -A?

The current trend direction for ARCLIGHT CLEAN TRANSITION -A (ACTD) is Bearish.


Can you provide the RSI signal for ARCLIGHT CLEAN TRANSITION -A?

ARCLIGHT CLEAN TRANSITION -A (ACTD) has an RSI value of 22.454. This indicates that the stock is currently oversold.


Can you provide the short term momentum for ARCLIGHT CLEAN TRANSITION -A?

The short term momentum for ARCLIGHT CLEAN TRANSITION -A (ACTD) is neutral.