Taking everything into account, AMCIW scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMCIW is showing a nice and steady performance.
AMCIW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for AMCIW in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
0.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.21 from a trend line in the daily time frame.
- Support @0.19 from a horizontal line in the daily time frame.
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 AMCIW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMCIW is up. |
| ChartMill Relative Strength | 84.36 | POSITIVE | AMCIW has a high relative strength, it outperformed 84.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMCIW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMCIW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AMCIW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.38 | NEUTRAL | The RSI value for AMCIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AMCIW has a positive trend. |
| Stochastics (14,3) | 42.66 | NEUTRAL | The Stochastics value for AMCIW is a neutral value. |
| Average True Range in percent/ATR (20) | 22.89 | HIGH VOLATILITY | The high ATR as a percentage value for AMCIW suggests high volalility. |
| Average Directional Index/ADX (14) | 21.15 | NEUTRAL | The ADX value for AMCIW suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 0.51 | 0.27 | 0.24 (47.06%) | 2.13% |
| An entry @0.51. This is a Buy Stop order right above the 10 day high. | An exit @0.27. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.24 points, which is 47.06%. | When investing 2.13% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
0.3301
+0.02 (+8.16%)
AMCI ACQUISITION II A -CW28 / AMCIW FAQ
What is the technical rating for AMCIW stock?
ChartMill assigns a technical rating of 8 / 10 to AMCIW.
What is the current trend direction of AMCI ACQUISITION II A -CW28 (AMCIW) stock?
The current trend direction for AMCI ACQUISITION II A -CW28 (AMCIW) is Bullish.
What is the RSI signal for AMCI ACQUISITION II A -CW28 (AMCIW) stock?
AMCI ACQUISITION II A -CW28 (AMCIW) has an RSI value of 55.3804. This indicates that the stock is currently neutral.
What is the MACD signal for AMCIW stock?
The MACD indicator for AMCI ACQUISITION II A -CW28 (AMCIW) has a value of 0.00474939, indicating a bearish trend.
What is the buy/sell signal for AMCI ACQUISITION II A -CW28 (AMCIW) stock?
The buy/sell signal for AMCI ACQUISITION II A -CW28 (AMCIW) is buy as both the short term and long term trends are positive.