ALUMINUM CORP OF CHINA-ADR (ACH) Stock Technical Analysis
NYSE:ACH - New York Stock Exchange, Inc. - US0222761092 - ADR - Currency: USD
We assign a technical rating of 1 out of 10 to ACH. ACH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than ACH.
ACH is part of the Metals & Mining industry. There are 153 other stocks in this industry, of which 88% are performing better than ACH.
ACH is currently trading near the lower end of its 52 week range, which is not a good sign. ACH is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ACH has a been trading in the 8.58 - 9.96 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, ACH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ACH 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.
More info and screens
8.48
16.13
When analyzing the support we notice one important area.
- A support zone ranging from 8.57 to 8.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 9.09 to 9.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.48 to 9.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.86 from a horizontal line in the daily time frame.
- Resistance @15.97 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.16
Mansfield-2.59
10 Day High9.96
10 Day Low8.58
20 Day High9.96
20 Day Low8.58
52 Week High23.9
52 Week Low8.51
Performance
1 Week-8.22%
2 Weeks3.79%
1 Month2.84%
3 Month-18.78%
6 Month-51.86%
12 Month-50.6%
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)0.03
RSI(14)47.06
LBB8.38
UBB9.81
NYSE:ACH (9/1/2022, 8:04:00 PM)
9.04
-0.06 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.66%
1 Week-8.22%
2 Weeks3.79%
1 Month2.84%
3 Month-18.78%
6 Month-51.86%
12 Month-50.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.66%
ATR Inc-42.56%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.16
Mansfield-2.59
10 Day High9.96
10 Day Low8.58
20 Day High9.96
20 Day Low8.58
52 Week High23.9
52 Week Low8.51
CS1 End8.57
CR1 Start9.09
Volume & EV
DER(3)5.64%
DER(5)2.35%
Volume32.70K
Volume Incr-31.21%
Vol(5)130.40K
Vol(50)123.86K