Logo image of ACTDU

ARCLIGHT CLEAN TRANSITION II (ACTDU) Stock Technical Analysis

USA - NASDAQ:ACTDU - KYG0R21B1200

7.655 USD
-2.59 (-25.32%)
Last: 7/21/2022, 8:00:00 PM
Technical Rating and Analysis

1

Taking everything into account, ACTDU scores 1 out of 10 in our technical rating. ACTDU 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, ACTDU is a bad performer in the overall market: 78% of all stocks are doing better.
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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Considerably lower volume is observed in the last couple of days.

More info and screens

Weekly and Daily overview Charts
ARCLIGHT CLEAN TRANSITION II / ACTDU Weekly stock chart
ARCLIGHT CLEAN TRANSITION II / ACTDU Daily stock chart
Setup Rating and Analysis

1

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

Support and Resistance Analysis

7.58

10.55

2 important resistance areas can be observed.

  • 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.

More info

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 ACTDU is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ACTDU is neutral.
ChartMill Relative Strength22.14NEGATIVEACTDU has a low relative strength, it was outperformed by 77.86% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ACTDU is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ACTDU is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ACTDU is below a declining SMA(200).
Relative Strength Index/RSI (14)29.12OVERSOLDThe low RSI value suggests ACTDU may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.15NEGATIVEThe MACD value suggests ACTDU has a negative trend.
Stochastics (14,3)63.02NEUTRALThe Stochastics value for ACTDU is a neutral value.
Average True Range in percent/ATR (20)6.81HIGH VOLATILITYThe high ATR as a percentage value for ACTDU 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)

More info

ARCLIGHT CLEAN TRANSITION II / ACTDU Daily stock chart

ARCLIGHT CLEAN TRANSITION II

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

7.655

-2.59 (-25.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-25.32%
1 Week-24.51%
2 Weeks-23.6%
1 Month-23.68%
3 Month-26.65%
6 Month-25.61%
12 Month-23.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%6.81%
ATR Inc275.52%
Range Today1.1
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
CRS22.14
3 months CRSN/A
6 months CRSN/A
Mansfield-1.75
10 Day High10.62
10 Day Low7.25
20 Day High10.87
20 Day Low7.25
52 Week High11.22
52 Week Low7.25
CS1 EndN/A
CR1 Start9.8
Volume & EV
DER(3)5.45%
DER(5)3.27%
Volume6.00K
Volume Incr-87.08%
Vol(5)1.68K
Vol(50)10.29K

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 current trend direction of ARCLIGHT CLEAN TRANSITION II (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.


What are the support and resistance levels for ARCLIGHT CLEAN TRANSITION II (ACTDU) stock?

ARCLIGHT CLEAN TRANSITION II (ACTDU) has a resistance level at 9.8. Check the full technical report for our detailed analysis of ACTDU support and resistance levels.