ACME UNITED CORP (ACU)

US0048161048 - Common Stock

41.1  -0.05 (-0.12%)

Technical Rating and Analysis

3

Taking everything into account, ACU scores 3 out of 10 in our technical rating. Although ACU is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Warning: ACU has an average volume of 24138 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, ACU did better than 83% of all other stocks. However, we also see that ACU couldn't keep up this performance in the last couple of months.
ACU is an average performer in the Commercial Services & Supplies industry, it outperforms 62% of 84 stocks in the same industry.
ACU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACU is lagging the market slightly.
In the last month ACU has a been trading in the 38.30 - 46.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ACU Weekly chart
ACU Daily chart
Setup Rating and Analysis

4

ACU has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

29.55

47.47

When analyzing the support we can see 3 important areas.

  • Support @39.39 from a trend line in the daily time frame.
  • A support zone ranging from 38.36 to 38.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @29.85 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 42.34 to 43.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @44.18 from a trend line in the daily time frame.
  • A resistance zone ranging from 47.00 to 47.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.92
Mansfield0.71
10 Day High43.91
10 Day Low38.3
20 Day High46.37
20 Day Low38.3
52 Week High50.99
52 Week Low23.24
Performance
1 Week1.13%
2 Weeks-4.44%
1 Month-9.83%
3 Month-15.05%
6 Month24.21%
12 Month56.63%
2 Year26.07%
3 Year-1.65%
5 Year105.71%
10 Year151.99%
15 Year419.6%
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)44.67
LBB38.57
UBB44.19
ACU Daily chart

ACME UNITED CORP

NYSEARCA:ACU (5/2/2024, 7:04:00 PM)

41.1

-0.05 (-0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.12%
1 Week1.13%
2 Weeks-4.44%
1 Month-9.83%
3 Month-15.05%
6 Month24.21%
12 Month56.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.53
ATR(20)%4.19%
ATR Inc
Range Today1.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High43.91
10 Day Low38.3
20 Day High46.37
20 Day Low38.3
52 Week High50.99
52 Week Low23.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.20K
Volume Incr-24.38%
Vol(5)17.70K
Vol(50)24.14K