Allied Capital Corp (AFC) Technical Analysis
NYSE:AFC
Current stock price
AFC Technical Rating and Analysis
Overall AFC gets a technical rating of 0 out of 10. AFC'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, AFC is a bad performer in the overall market: 93% of all stocks are doing better.
- Warning: AFC has an average volume of 26148 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- AFC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AFC is lagging the market slightly.
- In the last month AFC has a been trading in a tight range between 25.29 and 25.34.
AFC Weekly and Daily overview Charts
AFC Setup Rating and Analysis
AFC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.31, a Stop Loss order could be placed below this zone.
More info and screens
AFC Support and Resistance Analysis
24.62
We found 1 important support area.
- A support zone ranging from 24.87 to 25.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 25.32 to 25.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @26.22 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.80 to 26.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
AFC 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 | DOWN | NEGATIVE | The long term trend for AFC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AFC is down. |
| ChartMill Relative Strength | 7.37 | NEGATIVE | AFC has a low relative strength, it was outperformed by 92.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AFC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AFC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AFC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.7 | NEUTRAL | The RSI value for AFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AFC has a positive trend. |
| Stochastics (14,3) | 60 | NEUTRAL | The Stochastics value for AFC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.11 | LOW VOLATILITY | The low ATR as a percentage value for AFC suggests low volalility. |
AFC Chart- and CandleStick Pattern Analysis
AFC Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:AFC (3/24/2021, 8:26:00 PM)
25.32
0 (0%)
Allied Capital Corp / AFC TA FAQ
What is the ChartMill technical rating of Allied Capital Corp (AFC) stock?
ChartMill assigns a technical rating of 0 / 10 to AFC.
What is the current trend direction of Allied Capital Corp (AFC) stock?
The current trend direction for Allied Capital Corp (AFC) is Bearish.
What is the RSI signal for AFC stock?
Allied Capital Corp (AFC) has an RSI value of 40.7018. This indicates that the stock is currently neutral.
What is the short term momentum for Allied Capital Corp (AFC) stock?
The short term momentum for Allied Capital Corp (AFC) is negative.
What are the support and resistance levels for Allied Capital Corp (AFC) stock?
Allied Capital Corp (AFC) has a support level at 25.31 and a resistance level at 25.32. Check the full technical report for our detailed analysis of AFC support and resistance levels.