ACE CONVERGENCE ACQU-CLASS A (ACEV)

KYG0083D1209 - Common Stock

9.78  +0.64 (+7%)

After market: 9.7 -0.08 (-0.82%)

Technical Rating and Analysis

2

Taking everything into account, ACEV scores 2 out of 10 in our technical rating. ACEV 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.

ACEV is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACEV is lagging the market.
In the last month ACEV has a been trading in the 8.90 - 10.91 range, which is quite wide. It is currently trading near the lows of this range.
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, ACEV turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
Weekly and Daily overview Charts
ACEV Weekly chart
ACEV Daily chart
Setup Rating and Analysis

7

ACEV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 9.77, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ACEV in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

9.67

10.73

When analyzing the support we notice one important area.

  • Strong support @9.77 from a horizontal line in the weekly time frame.

We can see 4 important resistance areas.

  • Resistance @9.85 from a horizontal line in the weekly time frame.
  • Resistance @10.01 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 10.21 to 10.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 10.58 to 10.62. 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
CRS59.45
Mansfield-0.02
10 Day High10.91
10 Day Low8.9
20 Day High10.91
20 Day Low8.9
52 Week High10.91
52 Week Low8.9
Performance
1 Week-5.05%
2 Weeks-5.6%
1 Month-4.31%
3 Month-3.83%
6 Month-2.49%
12 Month-1.81%
2 YearN/A
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)-0.08
RSI(14)42.46
LBB9.52
UBB11.02
ACEV Daily chart

ACE CONVERGENCE ACQU-CLASS A

NASDAQ:ACEV (11/22/2022, 8:00:00 PM)

After market: 9.7 -0.08 (-0.82%)

9.78

+0.64 (+7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7%
1 Week-5.05%
2 Weeks-5.6%
1 Month-4.31%
3 Month-3.83%
6 Month-2.49%
12 Month-1.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.61
ATR(20)%4.52%
ATR Inc
Range Today0.9
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.91
10 Day Low8.9
20 Day High10.91
20 Day Low8.9
52 Week High10.91
52 Week Low8.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume31.50K
Volume Incr-15.22%
Vol(5)42.16K
Vol(50)41.95K