ACCURIDE CORP NEW (ACW) Technical Analysis
NYSE:ACW
Current stock price
ACW Technical Rating and Analysis
Taking everything into account, ACW scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACW is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ACW is one of the better performing stocks in the market, outperforming 88% of all stocks.
- ACW is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ACW is performing more or less in line with the market.
- In the last month ACW has a been trading in the 2.36 - 2.58 range, which is quite wide. It is currently trading near the high of this range.
ACW Weekly and Daily overview Charts
ACW Setup Rating and Analysis
Although ACW has an excellent technical rating, it does not offer a high 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
ACW Support and Resistance Analysis
1.56
We found 3 important support areas.
- A support zone ranging from 2.48 to 2.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.41 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.58 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.59 to 2.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
ACW Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for ACW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACW is up. |
| ChartMill Relative Strength | 88.61 | POSITIVE | ACW has a high relative strength, it outperformed 88.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ACW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.2 | NEUTRAL | The RSI value for ACW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ACW has a positive trend. |
| Stochastics (14,3) | 96.97 | OVERBOUGHT | The high Stochastics value suggests ACW may be overbought. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for ACW suggests low volalility. |
ACW Chart- and CandleStick Pattern Analysis
ACW Technicals: Chart, Performance Metrics, Trend & Indicators
2.58
+0.01 (+0.39%)
ACCURIDE CORP NEW / ACW TA FAQ
What is the ChartMill technical rating of ACCURIDE CORP NEW (ACW) stock?
ChartMill assigns a technical rating of 8 / 10 to ACW.
What is the trend direction for ACW stock?
The current trend direction for ACCURIDE CORP NEW (ACW) is Bullish.
What is the RSI signal for ACCURIDE CORP NEW (ACW) stock?
ACCURIDE CORP NEW (ACW) has an RSI value of 65.199. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ACCURIDE CORP NEW?
The short term momentum for ACCURIDE CORP NEW (ACW) is positive.
Can you provide the support and resistance levels for ACCURIDE CORP NEW?
ACCURIDE CORP NEW (ACW) has a support level at 2.51 and a resistance level at 2.59. Check the full technical report for our detailed analysis of ACW support and resistance levels.