AURORA ACQUISITION CORP-A (AURC) Stock Technical Analysis
NASDAQ:AURC - Nasdaq - KYG0698L1032 - Common Stock - Currency: USD
Overall AURC gets a technical rating of 6 out of 10. 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 short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, AURC did better than 97% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
AURC has an average technical rating and the quality of the presented setup is also not ideal 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
17.62
When analyzing the support we notice one important 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. |
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)
17.4425
-7.11 (-28.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-28.95%
1 Week-45.75%
2 Weeks-56.93%
1 Month-18.87%
3 Month72.19%
6 Month72.19%
12 Month77.98%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.88
ATR(20)%67.8%
ATR Inc-38.63%
Range Today5.99
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
CRS97.92
Mansfield3.19
10 Day High43.4
10 Day Low17.01
20 Day High62.91
20 Day Low17.01
52 Week High62.91
52 Week Low9.79
CS1 End9.9
CR1 StartN/A
Volume & EV
DER(3)-2.14%
DER(5)-2.9%
Volume113.60K
Volume Incr-89.57%
Vol(5)89.60K
Vol(50)353.57K