Taking everything into account, ACU scores 7 out of 10 in our technical rating. In the last year, ACU was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although ACU has an excellent technical rating, it does not present a decent entry opportunity 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
35.15
2 important support areas can be observed.
- A support zone ranging from 36.25 to 38.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.50 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @43.36 from a trend line in the weekly time frame.
- A resistance zone ranging from 44.08 to 44.59. 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 ACU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACU is up. |
| ChartMill Relative Strength | 56.76 | NEUTRAL | ACU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.52 | OVERBOUGHT | The high RSI value suggests ACU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests ACU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.02 | OVERBOUGHT | The high Stochastics value suggests ACU may be overbought. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for ACU suggests some volalility. |
| Average Directional Index/ADX (14) | 26.62 | POSITIVE | The high ADX value value for ACU suggests a strong trend. |
42.37
+0.19 (+0.45%)
ACME UNITED CORP / ACU FAQ
What is the technical rating for ACU stock?
ChartMill assigns a technical rating of 7 / 10 to ACU.
What is the current trend direction of ACME UNITED CORP (ACU) stock?
The current trend direction for ACME UNITED CORP (ACU) is Bearish.
What is the RSI signal for ACU stock?
ACME UNITED CORP (ACU) has an RSI value of 71.5244. This indicates that the stock is currently overbought.
What is the MACD signal for ACU stock?
The MACD indicator for ACME UNITED CORP (ACU) has a value of 0.655829, indicating a bearish trend.
Can you provide the short term momentum for ACME UNITED CORP?
The short term momentum for ACME UNITED CORP (ACU) is positive.