AUTHENTIC EQUITY ACQUISITI-A (AEAC) Technical Analysis
NASDAQ:AEAC • KYG066071088
Current stock price
AEAC Technical Rating and Analysis
Taking everything into account, AEAC scores 7 out of 10 in our technical rating. Although AEAC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- AEAC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AEAC is leading the market.
- When comparing the performance of all stocks over the past year, AEAC turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
- In the last month AEAC has a been trading in a tight range between 10.08 and 10.15.
- Considerably lower volume is observed in the last couple of days.
AEAC Weekly and Daily overview Charts
AEAC Setup Rating and Analysis
AEAC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.12, a Stop Loss order could be placed below this zone.
More info and screens
AEAC Support and Resistance Analysis
9.51
We found 2 important support areas.
- A support zone ranging from 10.06 to 10.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.61 to 9.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.13 to 10.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
AEAC 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 AEAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AEAC is up. |
| ChartMill Relative Strength | 64.52 | NEUTRAL | AEAC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AEAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AEAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AEAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.9 | NEUTRAL | The RSI value for AEAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AEAC has a negative trend. |
| Stochastics (14,3) | 68.25 | NEUTRAL | The Stochastics value for AEAC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for AEAC suggests low volalility. |
| Average Directional Index/ADX (14) | 60.83 | POSITIVE | The high ADX value value for AEAC suggests a strong trend. |
AEAC Chart- and CandleStick Pattern Analysis
AEAC 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.14 | 10.10 | 0.04 (0.42%) | 25.00% |
| An entry @10.14. This is a Buy Stop order right above the 10 day moving average. | An exit @10.10. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 0.42%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- 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.
AEAC Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:AEAC (1/20/2023, 8:19:56 PM)
10.13
0 (0%)
AUTHENTIC EQUITY ACQUISITI-A / AEAC TA FAQ
What is the ChartMill technical rating of AUTHENTIC EQUITY ACQUISITI-A (AEAC) stock?
ChartMill assigns a technical rating of 7 / 10 to AEAC.
Can you provide the trend direction for AUTHENTIC EQUITY ACQUISITI-A?
The current trend direction for AUTHENTIC EQUITY ACQUISITI-A (AEAC) is Bullish.
What is the RSI signal for AEAC stock?
AUTHENTIC EQUITY ACQUISITI-A (AEAC) has an RSI value of 62.895. This indicates that the stock is currently neutral.
What is the MACD signal for AUTHENTIC EQUITY ACQUISITI-A (AEAC) stock?
The MACD indicator for AUTHENTIC EQUITY ACQUISITI-A (AEAC) has a value of -0.00184195, indicating a bearish trend.
Can you provide the support and resistance levels for AUTHENTIC EQUITY ACQUISITI-A?
AUTHENTIC EQUITY ACQUISITI-A (AEAC) has a support level at 10.12 and a resistance level at 10.13. Check the full technical report for our detailed analysis of AEAC support and resistance levels.