26 CAPITAL ACQUISITION CORP (ADERU)

US90138P2092

11.08  +0.03 (+0.27%)

Technical Rating and Analysis

8

Taking everything into account, ADERU scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ADERU is only an average performer.

Warning: ADERU has an average volume of 1854 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ADERU did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
ADERU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADERU is lagging the market.
In the last month ADERU has a been trading in the 10.00 - 12.62 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
ADERU Weekly chart
ADERU Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, ADERU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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.
Support and Resistance Analysis

9.83

12.76

We found 1 important support area.

  • A support zone ranging from 9.93 to 10.19. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 12.63 to 12.63. 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
CRS79.68
Mansfield0.86
10 Day High12.62
10 Day Low10.21
20 Day High12.62
20 Day Low10
52 Week High12.62
52 Week Low9.78
Performance
1 Week2.5%
2 Weeks4.53%
1 Month8.2%
3 Month10.8%
6 Month9.92%
12 Month9.92%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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
RSI(14)55.6
LBB10.05
UBB11.96
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
11.1310.200.93 (8.35%)11.98%
An entry @11.13. This is a Buy Stop order right above the 10 day moving average.An exit @10.20. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.93 points, which is 8.35%.When investing 11.98% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ADERU Daily chart

26 CAPITAL ACQUISITION CORP

NASDAQ:ADERU (9/22/2023, 3:00:14 PM)

11.08

+0.03 (+0.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week2.5%
2 Weeks4.53%
1 Month8.2%
3 Month10.8%
6 Month9.92%
12 Month9.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.42
ATR(20)%3.11%
ATR Inc
Range Today0.03
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 High12.62
10 Day Low10.21
20 Day High12.62
20 Day Low10
52 Week High12.62
52 Week Low9.78
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.00K
Volume Incr132.38%
Vol(5)1.22K
Vol(50)1.85K