SPORTS VENTURES ACQUISITION (AKICU) Technical Analysis
NASDAQ:AKICU • KYG8372A1114
Current stock price
AKICU Technical Rating and Analysis
Overall AKICU gets a technical rating of 5 out of 10. AKICU has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- AKICU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: AKICU has an average volume of 1920 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 neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that AKICU is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month AKICU has a been trading in a tight range between 9.92 and 10.16.
- Volume is considerably higher in the last couple of days.
AKICU Weekly and Daily overview Charts
AKICU Setup Rating and Analysis
AKICU has an average technical rating and it also does not offer a high quality setup 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
AKICU Support and Resistance Analysis
9.71
We found 1 important support area.
- A support zone ranging from 9.81 to 10.05. 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 2 important areas.
- Resistance @10.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.69 to 10.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
AKICU 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 | NEUTRAL | NEUTRAL | The long term trend for AKICU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AKICU is neutral. |
| ChartMill Relative Strength | 71.68 | POSITIVE | AKICU has a high relative strength, it outperformed 71.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKICU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKICU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKICU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.02 | NEUTRAL | The RSI value for AKICU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AKICU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.72 | OVERBOUGHT | The high Stochastics value suggests AKICU may be overbought. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for AKICU suggests low volalility. |
| Average Directional Index/ADX (14) | 10.35 | NEGATIVE | The low ADX value for AKICU suggests a weak or negative trend. |
AKICU Chart- and CandleStick Pattern Analysis
AKICU Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:AKICU (12/28/2022, 8:15:03 PM)
10.1
-0.01 (-0.1%)
SPORTS VENTURES ACQUISITION / AKICU TA FAQ
What is the technical rating for AKICU stock?
ChartMill assigns a technical rating of 5 / 10 to AKICU.
What is the current trend direction of SPORTS VENTURES ACQUISITION (AKICU) stock?
The current trend direction for SPORTS VENTURES ACQUISITION (AKICU) is Bearish.
What is the RSI signal for SPORTS VENTURES ACQUISITION (AKICU) stock?
SPORTS VENTURES ACQUISITION (AKICU) has an RSI value of 65.0223. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SPORTS VENTURES ACQUISITION?
SPORTS VENTURES ACQUISITION (AKICU) has a support level at 10.05 and a resistance level at 10.21. Check the full technical report for our detailed analysis of AKICU support and resistance levels.