Overall AKIC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, AKIC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that AKIC is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by AKIC over the past year are nicely spread over this period.
- AKIC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AKIC has a been trading in a tight range between 10.03 and 10.11.
- Volume is considerably higher in the last couple of days.
Although AKIC has an excellent technical rating, it does not present a decent entry opportunity 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
9.52
When analyzing the support we notice one important area.
- A support zone ranging from 9.62 to 10.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.12 to 10.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 AKIC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKIC is up. |
| ChartMill Relative Strength | 75.05 | POSITIVE | AKIC has a high relative strength, it outperformed 75.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKIC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.19 | OVERBOUGHT | The high RSI value suggests AKIC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AKIC has a positive trend. |
| Stochastics (14,3) | 92.14 | OVERBOUGHT | The high Stochastics value suggests AKIC may be overbought. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for AKIC suggests low volalility. |
| Average Directional Index/ADX (14) | 56.62 | POSITIVE | The high ADX value value for AKIC suggests a strong trend. |
NASDAQ:AKIC (12/28/2022, 8:15:03 PM)
10.1085
+0.01 (+0.08%)
SPORTS VENTURES ACQUISITIO-A / AKIC FAQ
What is the ChartMill technical rating of SPORTS VENTURES ACQUISITIO-A (AKIC) stock?
ChartMill assigns a technical rating of 9 / 10 to AKIC.
What is the trend direction for AKIC stock?
The current trend direction for SPORTS VENTURES ACQUISITIO-A (AKIC) is Bullish.
Can you provide the RSI signal for SPORTS VENTURES ACQUISITIO-A?
SPORTS VENTURES ACQUISITIO-A (AKIC) has an RSI value of 78.1868. This indicates that the stock is currently overbought.
Can you provide the short term momentum for SPORTS VENTURES ACQUISITIO-A?
The short term momentum for SPORTS VENTURES ACQUISITIO-A (AKIC) is positive.
What is the buy/sell signal for AKIC stock?
The buy/sell signal for SPORTS VENTURES ACQUISITIO-A (AKIC) is buy as both the short term and long term trends are positive.