ACV AUCTIONS INC-A (ACVA) Stock Technical Analysis
NYSE:ACVA - New York Stock Exchange, Inc. - US00091G1040 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ACVA. ACVA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ACVA is a bad performer in the overall market: 84% of all stocks are doing better.
ACVA is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, of which 70% are performing better than ACVA.
ACVA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ACVA has a been trading in the 14.51 - 16.83 range, which is quite wide. It is currently trading near the lows of this range.
ACVA has an average volume of 1594030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ACVA is bad and it also does not present a quality setup 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
12.68
17.21
We found 3 important support areas.
- A support zone ranging from 13.30 to 13.42. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @13.08 from a horizontal line in the weekly time frame.
- Support @12.81 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 15.78 to 15.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.51 to 16.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.04 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for ACVA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACVA is down. |
| ChartMill Relative Strength | 16.15 | NEGATIVE | ACVA has a low relative strength, it was outperformed by 83.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACVA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACVA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACVA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.96 | NEUTRAL | The RSI value for ACVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests ACVA has a negative trend. |
| Stochastics (14,3) | 9.61 | OVERSOLD | The low Stochastics value suggests ACVA may be oversold. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for ACVA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.75 | POSITIVE | The high ADX value value for ACVA suggests a strong trend. |
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)
14.58
-0.05 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.34%
1 Week-3.44%
2 Weeks-9.44%
1 Month-7.02%
3 Month-1.49%
6 Month-31.84%
12 Month-17.25%
2 Year-16.64%
3 Year97.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%3.56%
ATR Inc0.37%
Range Today0.4
ADR(20)0.51
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.15
Mansfield-2.62
10 Day High16.46
10 Day Low14.51
20 Day High16.83
20 Day Low14.51
52 Week High23.46
52 Week Low11.88
CS1 End13.42
CR1 Start15.78
Volume & EV
DER(3)0.24%
DER(5)0.34%
Volume1.52M
Volume Incr-12.37%
Vol(5)1.53M
Vol(50)1.59M