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ALUMINUM CORP OF CHINA-ADR (ACH) Stock Technical Analysis

NYSE:ACH - New York Stock Exchange, Inc. - US0222761092 - ADR - Currency: USD

9.04  -0.06 (-0.66%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to ACH. ACH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ACH is a bad performer in the overall market: 86% of all stocks are doing better.
ACH is part of the Metals & Mining industry. There are 150 other stocks in this industry, of which 77% are performing better than ACH.
ACH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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.
Weekly and Daily overview Charts
ALUMINUM CORP OF CHINA-ADR / ACH Weekly stock chart
ALUMINUM CORP OF CHINA-ADR / ACH Daily stock chart
Setup Rating and Analysis

7

ACH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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.
Support and Resistance Analysis

8.48

16.13

We found 1 important support 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.

We can see 4 important resistance areas.

  • 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.
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
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
ALUMINUM CORP OF CHINA-ADR / ACH Daily stock chart

ALUMINUM CORP OF CHINA-ADR

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