ATLANTIC COASTAL ACQUISITI-A (ACAH)

US0484531043 - Common Stock

10.45  0 (0%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to ACAH. ACAH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month ACAH has a been trading in the 10.45 - 11.64 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: ACAH has an average volume of 11590 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, ACAH turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
ACAH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACAH is lagging the market.
Weekly and Daily overview Charts
ACAH Weekly chart
ACAH Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, ACAH 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 10.43, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

9.61

11.10

We found 3 important support areas.

  • A support zone ranging from 10.29 to 10.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Strong support @10.09 from a horizontal line in the daily time frame.
  • A support zone ranging from 9.71 to 9.71. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 10.56 to 10.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 10.88 to 10.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.73
Mansfield-1.44
10 Day High11.28
10 Day Low10.45
20 Day High11.64
20 Day Low10.45
52 Week High11.64
52 Week Low9.96
Performance
1 Week-1.6%
2 Weeks-1.51%
1 Month-0.85%
3 Month-2.06%
6 Month1.75%
12 Month4.92%
2 Year7.4%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)39.73
LBB10.47
UBB10.72
ACAH Daily chart

ATLANTIC COASTAL ACQUISITI-A

NASDAQ:ACAH (2/23/2024, 8:27:34 PM)

10.45

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-1.6%
2 Weeks-1.51%
1 Month-0.85%
3 Month-2.06%
6 Month1.75%
12 Month4.92%
2 Year7.4%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.75%
ATR Inc-53.46%
Range Today0.03
ADR(20)0.15
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.73
Mansfield-1.44
10 Day High11.28
10 Day Low10.45
20 Day High11.64
20 Day Low10.45
52 Week High11.64
52 Week Low9.96
CS1 End10.43
CR1 Start10.56
Volume & EV
DER(3)-2.56%
DER(5)-0.87%
Volume37.90K
Volume Incr-32.33%
Vol(5)14.12K
Vol(50)11.59K