We assign a technical rating of 1 out of 10 to ACTDU. ACTDU'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.
- 78% of all other stocks performed better in the past year than ACTDU.
- ACTDU is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month ACTDU has a been trading in the 7.25 - 10.87 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.
- Warning: ACTDU has an average volume of 10294 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Considerably lower volume is observed in the last couple of days.
The technical rating of ACTDU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.58
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.80 to 10.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.45 to 10.45. This zone is formed by a combination of multiple trend lines 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 ACTDU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACTDU is neutral. |
| ChartMill Relative Strength | 22.14 | NEGATIVE | ACTDU has a low relative strength, it was outperformed by 77.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACTDU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACTDU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACTDU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.12 | OVERSOLD | The low RSI value suggests ACTDU may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests ACTDU has a negative trend. |
| Stochastics (14,3) | 63.02 | NEUTRAL | The Stochastics value for ACTDU is a neutral value. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for ACTDU suggests high volalility. |
NASDAQ:ACTDU (7/21/2022, 8:00:00 PM)
7.655
-2.59 (-25.32%)
ARCLIGHT CLEAN TRANSITION II / ACTDU FAQ
What is the ChartMill technical rating of ARCLIGHT CLEAN TRANSITION II (ACTDU) stock?
ChartMill assigns a technical rating of 1 / 10 to ACTDU.
What is the trend direction for ACTDU stock?
The current trend direction for ARCLIGHT CLEAN TRANSITION II (ACTDU) is Bearish.
What is the RSI signal for ACTDU stock?
ARCLIGHT CLEAN TRANSITION II (ACTDU) has an RSI value of 29.1219. This indicates that the stock is currently oversold.
Can you provide the short term momentum for ARCLIGHT CLEAN TRANSITION II?
The short term momentum for ARCLIGHT CLEAN TRANSITION II (ACTDU) is neutral.