ACV AUCTIONS INC-A (ACVA) Technical Analysis
NYSE:ACVA • US00091G1040
We assign a technical rating of 0 out of 10 to ACVA. ACVA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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: 95% of all stocks are doing better.
- ACVA is one of the lesser performing stocks in the Commercial Services & Supplies industry. 78% of 81 stocks in the same industry do better.
- ACVA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ACVA is lagging the market.
- In the last month ACVA has a been trading in the 4.45 - 7.60 range, which is quite wide. It is currently trading near the lows of this range.
- ACVA has an average volume of 3269690 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
5.07
3 important resistance areas can be observed.
- Resistance @5.55 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.07 to 7.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.36 to 7.37. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 5.27 | NEGATIVE | ACVA has a low relative strength, it was outperformed by 94.73% 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) | 33.23 | NEUTRAL | The RSI value for ACVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ACVA has a positive trend. |
| Stochastics (14,3) | 34.47 | NEUTRAL | The Stochastics value for ACVA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.7 | HIGH VOLATILITY | The high ATR as a percentage value for ACVA suggests high volalility. |
| Average Directional Index/ADX (14) | 48.48 | POSITIVE | The high ADX value value for ACVA suggests a strong trend. |
ACVA Technicals: Chart, Performance Metrics, Trend & Indicators
5.12
-0.29 (-5.36%)
ACV AUCTIONS INC-A / ACVA FAQ
What is the ChartMill technical rating of ACV AUCTIONS INC-A (ACVA) stock?
ChartMill assigns a technical rating of 0 / 10 to ACVA.
Can you provide the trend direction for ACV AUCTIONS INC-A?
The current trend direction for ACV AUCTIONS INC-A (ACVA) is Bearish.
What is the RSI signal for ACVA stock?
ACV AUCTIONS INC-A (ACVA) has an RSI value of 33.2306. This indicates that the stock is currently neutral.
What is the MACD signal for ACV AUCTIONS INC-A (ACVA) stock?
The MACD indicator for ACV AUCTIONS INC-A (ACVA) has a value of 0.0101553, indicating a bearish trend.
What is the buy/sell signal for ACV AUCTIONS INC-A (ACVA) stock?
The buy/sell signal for ACV AUCTIONS INC-A (ACVA) is sell as both the short term and long term trends are negative.