ARCLIGHT CLEAN TRANSITION -A (ACTD) Technical Analysis
NASDAQ:ACTD • KYG0R21B1044
Current stock price
ACTD Technical Rating and Analysis
Taking everything into account, ACTD scores 1 out of 10 in our technical rating. ACTD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 77% of all other stocks performed better in the past year than ACTD.
- 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.
ACTD Weekly and Daily overview Charts
ACTD Setup Rating and Analysis
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.
More info and screens
ACTD Support and Resistance Analysis
7.52
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.
ACTD 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 | NEUTRAL | NEUTRAL | The long term trend for ACTD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACTD is neutral. |
| ChartMill Relative Strength | 23.35 | NEGATIVE | ACTD has a low relative strength, it was outperformed by 76.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACTD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACTD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACTD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.45 | OVERSOLD | The low RSI value suggests ACTD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ACTD has a negative trend. |
| Stochastics (14,3) | 30.86 | NEUTRAL | The Stochastics value for ACTD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for ACTD suggests high volalility. |
ACTD Chart- and CandleStick Pattern Analysis
ACTD Technicals: Chart, Performance Metrics, Trend & Indicators
7.6
-0.22 (-2.81%)
ARCLIGHT CLEAN TRANSITION -A / ACTD TA FAQ
What is the ChartMill technical rating of ARCLIGHT CLEAN TRANSITION -A (ACTD) stock?
ChartMill assigns a technical rating of 1 / 10 to ACTD.
What is the current trend direction of ARCLIGHT CLEAN TRANSITION -A (ACTD) stock?
The current trend direction for ARCLIGHT CLEAN TRANSITION -A (ACTD) is Bearish.
What is the RSI signal for ACTD stock?
ARCLIGHT CLEAN TRANSITION -A (ACTD) has an RSI value of 22.454. This indicates that the stock is currently oversold.
What is the MACD signal for ACTD stock?
The MACD indicator for ARCLIGHT CLEAN TRANSITION -A (ACTD) has a value of -0.213187, indicating a bearish trend.
What is the short term momentum for ARCLIGHT CLEAN TRANSITION -A (ACTD) stock?
The short term momentum for ARCLIGHT CLEAN TRANSITION -A (ACTD) is neutral.