ARCLIGHT CLEAN TRANSITION II (ACTDU) Technical Analysis
NASDAQ:ACTDU • KYG0R21B1200
Current stock price
ACTDU Technical Rating and Analysis
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.
- 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. The S&P500 Index is trading in the upper part of its 52 week range, so ACTDU is lagging the market.
- 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.
ACTDU Weekly and Daily overview Charts
ACTDU Setup Rating and Analysis
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
ACTDU Support and Resistance Analysis
7.58
We can see 2 important resistance 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.
ACTDU 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 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. |
ACTDU Chart- and CandleStick Pattern Analysis
ACTDU Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ACTDU (7/21/2022, 8:00:00 PM)
7.655
-2.59 (-25.32%)
ARCLIGHT CLEAN TRANSITION II / ACTDU TA 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 ARCLIGHT CLEAN TRANSITION II (ACTDU) stock?
ARCLIGHT CLEAN TRANSITION II (ACTDU) has an RSI value of 29.1219. This indicates that the stock is currently oversold.
What is the MACD signal for ARCLIGHT CLEAN TRANSITION II (ACTDU) stock?
The MACD indicator for ARCLIGHT CLEAN TRANSITION II (ACTDU) has a value of -0.154648, indicating a bearish trend.
What is the support and resistance level for 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.