PENSARE ACQUISITION CORP-CW (AVCTW) Technical Analysis
NASDAQ:AVCTW
Current stock price
AVCTW Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AVCTW. AVCTW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 99% of all other stocks performed better in the past year than AVCTW.
- AVCTW is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AVCTW is lagging the market.
- In the last month AVCTW has a been trading in the 0.01 - 0.09 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
AVCTW Weekly and Daily overview Charts
AVCTW Setup Rating and Analysis
The technical rating of AVCTW is bad and it also does not present a 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
AVCTW Support and Resistance Analysis
AVCTW 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 AVCTW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVCTW is down. |
| ChartMill Relative Strength | 1.09 | NEGATIVE | AVCTW has a low relative strength, it was outperformed by 98.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVCTW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVCTW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVCTW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.74 | NEUTRAL | The RSI value for AVCTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AVCTW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.62 | OVERSOLD | The low Stochastics value suggests AVCTW may be oversold. |
| Average True Range in percent/ATR (20) | 128.23 | HIGH VOLATILITY | The high ATR as a percentage value for AVCTW suggests high volalility. |
| Average Directional Index/ADX (14) | 27.88 | POSITIVE | The high ADX value value for AVCTW suggests a strong trend. |
AVCTW Chart- and CandleStick Pattern Analysis
AVCTW Technicals: Chart, Performance Metrics, Trend & Indicators
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PENSARE ACQUISITION CORP-CW / AVCTW TA FAQ
What is the technical rating for AVCTW stock?
ChartMill assigns a technical rating of 0 / 10 to AVCTW.
What is the trend direction for AVCTW stock?
The current trend direction for PENSARE ACQUISITION CORP-CW (AVCTW) is Bearish.
Can you provide the RSI signal for PENSARE ACQUISITION CORP-CW?
PENSARE ACQUISITION CORP-CW (AVCTW) has an RSI value of 34.744. This indicates that the stock is currently neutral.
What is the MACD signal for PENSARE ACQUISITION CORP-CW (AVCTW) stock?
The MACD indicator for PENSARE ACQUISITION CORP-CW (AVCTW) has a value of -0.00736951, indicating a bearish trend.
What is the short term momentum for AVCTW stock?
The short term momentum for PENSARE ACQUISITION CORP-CW (AVCTW) is negative.