ACV AUCTIONS INC-A (ACVA) Stock Technical Analysis
NYSE:ACVA - New York Stock Exchange, Inc. - US00091G1040 - Common Stock - Currency: USD
Overall ACVA gets a technical rating of 5 out of 10. ACVA has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
In the last month ACVA has a been trading in the 15.12 - 17.16 range, which is quite wide. It is currently trading near the high of this range.
ACVA has an average volume of 1735750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, ACVA outperforms 48% of them, which is more or less in line with the market.
ACVA is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, ACVA did better than 48% of them.
ACVA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACVA is lagging the market.
Volume is considerably higher in the last couple of days.
ACVA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 16.07, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.95
19.93
4 important support areas can be observed.
- A support zone ranging from 15.80 to 16.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.29 to 15.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.42 from a horizontal line in the weekly time frame.
- Support @13.08 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.04 to 17.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.73 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for ACVA is up. |
| ChartMill Relative Strength | 48.2 | NEUTRAL | ACVA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACVA is above the rising 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) | 57.58 | NEUTRAL | The RSI value for ACVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ACVA has a positive trend. |
| Stochastics (14,3) | 69.63 | NEUTRAL | The Stochastics value for ACVA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for ACVA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for ACVA suggests a weak or negative 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)
16.63
+0.15 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.91%
1 Week5.92%
2 Weeks8.76%
1 Month1.77%
3 Month24.94%
6 Month-20.88%
12 Month-7.82%
2 Year-4.92%
3 Year125.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%3.03%
ATR Inc9.03%
Range Today0.43
ADR(20)0.47
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.2
Mansfield-1.48
10 Day High16.83
10 Day Low15.12
20 Day High17.16
20 Day Low15.12
52 Week High23.46
52 Week Low11.88
CS1 End16.07
CR1 Start16.1
Volume & EV
DER(3)1.19%
DER(5)2.05%
Volume2.46M
Volume Incr79.38%
Vol(5)2.51M
Vol(50)1.74M