ION ACQUISITION CORP 3 LTD-A (IACC) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:IACC • KYG4940J1141
Taking everything into account, IACC scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IACC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, IACC did better than 82% of all other stocks.
- IACC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month IACC has a been trading in a tight range between 10.00 and 10.06.
- Considerably lower volume is observed in the last couple of days.
Although IACC has an excellent technical rating, the quality of the presented setup is 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
9.54
We found 1 important support area.
- A support zone ranging from 9.64 to 10.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.06 to 10.06. 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 IACC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IACC is up. |
| ChartMill Relative Strength | 82.76 | POSITIVE | IACC has a high relative strength, it outperformed 82.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IACC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IACC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IACC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.72 | NEUTRAL | The RSI value for IACC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IACC has a negative trend. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for IACC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for IACC suggests low volalility. |
| Average Directional Index/ADX (14) | 63.17 | POSITIVE | The high ADX value value for IACC suggests a strong trend. |
NYSE:IACC (11/17/2022, 8:24:38 PM)
10.04
-0.01 (-0.1%)
ION ACQUISITION CORP 3 LTD-A / IACC FAQ
What is the ChartMill technical rating of ION ACQUISITION CORP 3 LTD-A (IACC) stock?
ChartMill assigns a technical rating of 8 / 10 to IACC.
What is the current trend direction of ION ACQUISITION CORP 3 LTD-A (IACC) stock?
The current trend direction for ION ACQUISITION CORP 3 LTD-A (IACC) is Bullish.
What is the RSI signal for IACC stock?
ION ACQUISITION CORP 3 LTD-A (IACC) has an RSI value of 65.7239. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ION ACQUISITION CORP 3 LTD-A?
The short term momentum for ION ACQUISITION CORP 3 LTD-A (IACC) is positive.
What is the buy/sell signal for IACC stock?
The buy/sell signal for ION ACQUISITION CORP 3 LTD-A (IACC) is buy as both the short term and long term trends are positive.