AUTHENTIC EQUITY ACQUISITION (AEACU) Technical Analysis
NASDAQ:AEACU • KYG066071161
Current stock price
AEACU Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to AEACU. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AEACU is only an average performer.
- Warning: AEACU has an average volume of 6414 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by AEACU, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so AEACU is leading the market.
- When comparing the performance of all stocks over the past year, AEACU turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- In the last month AEACU has a been trading in a tight range between 9.70 and 10.13.
- Considerably lower volume is observed in the last couple of days.
AEACU Weekly and Daily overview Charts
AEACU Setup Rating and Analysis
Besides having an excellent technical rating, AEACU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.11, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
AEACU Support and Resistance Analysis
9.72
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.01 to 10.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.82 to 9.83. 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 10.14 to 10.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
AEACU 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 AEACU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AEACU is up. |
| ChartMill Relative Strength | 58.56 | NEUTRAL | AEACU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AEACU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AEACU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AEACU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.83 | NEUTRAL | The RSI value for AEACU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AEACU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.6 | OVERBOUGHT | The high Stochastics value suggests AEACU may be overbought. |
| Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for AEACU suggests low volalility. |
| Average Directional Index/ADX (14) | 22.4 | NEUTRAL | The ADX value for AEACU suggests a possible start of a new trend. |
AEACU Chart- and CandleStick Pattern Analysis
AEACU 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 |
|---|---|---|---|
| 10.16 | 10.06 | 0.10 (0.98%) | 25.00% |
| An entry @10.16. This is a Buy Stop order right above the resistance zone. | An exit @10.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 0.98%. | For a 0.25% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
AEACU Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:AEACU (1/20/2023, 4:00:22 PM)
10.13
0 (-0.05%)
AUTHENTIC EQUITY ACQUISITION / AEACU TA FAQ
What is the technical rating for AEACU stock?
ChartMill assigns a technical rating of 7 / 10 to AEACU.
What is the current trend direction of AUTHENTIC EQUITY ACQUISITION (AEACU) stock?
The current trend direction for AUTHENTIC EQUITY ACQUISITION (AEACU) is Bullish.
What is the RSI signal for AUTHENTIC EQUITY ACQUISITION (AEACU) stock?
AUTHENTIC EQUITY ACQUISITION (AEACU) has an RSI value of 65.8341. This indicates that the stock is currently neutral.
What is the short term momentum for AUTHENTIC EQUITY ACQUISITION (AEACU) stock?
The short term momentum for AUTHENTIC EQUITY ACQUISITION (AEACU) is positive.
What are the support and resistance levels for AUTHENTIC EQUITY ACQUISITION (AEACU) stock?
AUTHENTIC EQUITY ACQUISITION (AEACU) has a support level at 10.11 and a resistance level at 10.14. Check the full technical report for our detailed analysis of AEACU support and resistance levels.