Logo image of APAC

STONEBRIDGE ACQUISITION CORP (APAC) Stock Technical Analysis

NASDAQ:APAC - Nasdaq - KYG850941033 - Common Stock - Currency: USD

11.7  +3.52 (+43.03%)

After market: 15.5601 +3.86 (+32.99%)

Technical Rating and Analysis

5

Taking everything into account, APAC scores 5 out of 10 in our technical rating. APAC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Warning: APAC has an average volume of 24178 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month APAC has a been trading in the 4.76 - 12.97 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, APAC outperforms 63% of them, which is more or less in line with the market.
APAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APAC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
STONEBRIDGE ACQUISITION CORP / APAC Weekly stock chart
STONEBRIDGE ACQUISITION CORP / APAC Daily stock chart
Setup Rating and Analysis

2

APAC 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.

Support and Resistance Analysis

11.58

12.27

We found 1 important resistance area.

  • A resistance zone ranging from 12.00 to 12.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for APAC is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for APAC is neutral.
ChartMill Relative Strength63.59NEUTRALAPAC is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of APAC is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of APAC is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of APAC is above the rising SMA(200).
Relative Strength Index/RSI (14)62.9NEUTRALThe RSI value for APAC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.53POSITIVEThe MACD value suggests APAC has a positive trend.
Stochastics (14,3)63.44NEUTRALThe Stochastics value for APAC is a neutral value.
Average True Range in percent/ATR (20)18.4HIGH VOLATILITYThe high ATR as a percentage value for APAC suggests high volalility.
Average Directional Index/ADX (14)27.5POSITIVEThe high ADX value value for APAC suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
STONEBRIDGE ACQUISITION CORP / APAC Daily stock chart

STONEBRIDGE ACQUISITION CORP

NASDAQ:APAC (4/2/2024, 8:01:24 PM)

After market: 15.5601 +3.86 (+32.99%)

11.7

+3.52 (+43.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg43.03%
1 Week131.23%
2 Weeks98.98%
1 Month3.63%
3 Month2.63%
6 Month5.69%
12 Month11.48%
2 Year17.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.25
ATR(20)%18.4%
ATR Inc72.36%
Range Today5.3
ADR(20)2.08
ADR(20)%17.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.59
Mansfield-0.58
10 Day High12.97
10 Day Low4.76
20 Day High12.97
20 Day Low4.76
52 Week High13.99
52 Week Low4.76
CS1 EndN/A
CR1 Start12
Volume & EV
DER(3)9%
DER(5)8.92%
Volume115.60K
Volume Incr153.22%
Vol(5)89.50K
Vol(50)24.18K