SPORTS VENTURES ACQUISITIO-A (AKIC) Stock Technical Analysis
NASDAQ:AKIC - Nasdaq - KYG8372A1031 - Common Stock - Currency: USD
Taking everything into account, AKIC scores 9 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AKIC did better than 75% of all other 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
10.22
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. |
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)
NASDAQ:AKIC (12/28/2022, 8:15:03 PM)
10.1085
+0.01 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.08%
1 Week0.28%
2 Weeks0.48%
1 Month0.68%
3 Month1.7%
6 Month1.8%
12 Month3.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.12%
ATR Inc-18.6%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.05
Mansfield1.17
10 Day High10.11
10 Day Low10.06
20 Day High10.11
20 Day Low10.03
52 Week High10.11
52 Week Low9.71
CS1 End10.08
CR1 Start10.12
Volume & EV
DER(3)-1.13%
DER(5)-1.4%
Volume166.50K
Volume Incr572.86%
Vol(5)462.02K
Vol(50)144.69K