We assign a technical rating of 6 out of 10 to AURC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- AURC 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.
- In the last month AURC has a been trading in the 17.01 - 62.91 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Looking at the yearly performance, AURC did better than 97% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Considerably lower volume is observed in the last couple of days.
AURC has an average technical rating and also the quality of the setup is only medium 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
9.69
We found 1 important support area.
- A support zone ranging from 9.79 to 9.90. 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 AURC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AURC is down. |
| ChartMill Relative Strength | 97.92 | POSITIVE | AURC has a high relative strength, it outperformed 97.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AURC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AURC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AURC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.04 | NEUTRAL | The RSI value for AURC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.88 | NEGATIVE | The MACD value suggests AURC has a negative trend. |
| Stochastics (14,3) | 5.82 | OVERSOLD | The low Stochastics value suggests AURC may be oversold. |
| Average True Range in percent/ATR (20) | 67.8 | HIGH VOLATILITY | The high ATR as a percentage value for AURC suggests high volalility. |
| Average Directional Index/ADX (14) | 37.82 | POSITIVE | The high ADX value value for AURC suggests a strong trend. |
17.4425
-7.11 (-28.95%)
AURORA ACQUISITION CORP-A / AURC FAQ
What is the ChartMill technical rating of AURORA ACQUISITION CORP-A (AURC) stock?
ChartMill assigns a technical rating of 5 / 10 to AURC.
What is the current trend direction of AURORA ACQUISITION CORP-A (AURC) stock?
The current trend direction for AURORA ACQUISITION CORP-A (AURC) is Bullish.
What is the RSI signal for AURORA ACQUISITION CORP-A (AURC) stock?
AURORA ACQUISITION CORP-A (AURC) has an RSI value of 42.0432. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AURORA ACQUISITION CORP-A?
The MACD indicator for AURORA ACQUISITION CORP-A (AURC) has a value of -2.87608, indicating a bearish trend.
Can you provide the buy/sell signal for AURORA ACQUISITION CORP-A?
The buy/sell signal for AURORA ACQUISITION CORP-A (AURC) is hold as the short term and long term trends are mixed.