BLUE ACQUISITION CORP-CL A (BACC) Technical Analysis
NASDAQ:BACC • KYG1331A1085
Current stock price
BACC Technical Rating and Analysis
Taking everything into account, BACC scores 1 out of 10 in our technical rating. In the last year, BACC was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than BACC.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- In the last month BACC has a been trading in a tight range between 10.14 and 10.29.
BACC Weekly and Daily overview Charts
BACC Setup Rating and Analysis
Although the technical rating is bad, BACC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.18, a Stop Loss order could be placed below this zone.
More info and screens
BACC Support and Resistance Analysis
9.85
We found 2 important support areas.
- A support zone ranging from 10.13 to 10.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @9.95 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.19 to 10.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BACC 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 | UP | POSITIVE | The long term trend for BACC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BACC is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BACC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BACC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BACC is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 45.99 | NEUTRAL | The RSI value for BACC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BACC has a positive trend. |
| Stochastics (14,3) | 20.95 | NEUTRAL | The Stochastics value for BACC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for BACC suggests low volalility. |
| Average Directional Index/ADX (14) | 23.19 | NEUTRAL | The ADX value for BACC suggests a possible start of a new trend. |
BACC Chart- and CandleStick Pattern Analysis
BACC Technicals: Chart, Performance Metrics, Trend & Indicators
10.18
0 (0%)
BLUE ACQUISITION CORP-CL A / BACC TA FAQ
What is the technical rating for BACC stock?
ChartMill assigns a technical rating of 1 / 10 to BACC.
What is the current trend direction of BLUE ACQUISITION CORP-CL A (BACC) stock?
The current trend direction for BLUE ACQUISITION CORP-CL A (BACC) is Bullish.
What is the RSI signal for BACC stock?
BLUE ACQUISITION CORP-CL A (BACC) has an RSI value of 45.99. This indicates that the stock is currently neutral.
What is the buy/sell signal for BLUE ACQUISITION CORP-CL A (BACC) stock?
The buy/sell signal for BLUE ACQUISITION CORP-CL A (BACC) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for BLUE ACQUISITION CORP-CL A?
BLUE ACQUISITION CORP-CL A (BACC) has a support level at 10.18 and a resistance level at 10.19. Check the full technical report for our detailed analysis of BACC support and resistance levels.