We assign a technical rating of 9 out of 10 to ACIA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACIA is showing a nice and steady performance.
Besides having an excellent technical rating, ACIA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 115.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 114.98, a Stop Loss order could be placed below this zone.
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62.22
We found 6 important support areas.
- A support zone ranging from 114.26 to 114.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @72.98 from a trend line in the daily time frame.
- Support @69.40 from a trend line in the weekly time frame.
- Strong support @67.90 from a horizontal line in the daily time frame.
- A support zone ranging from 66.54 to 66.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.85 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 115.00 to 115.00. 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 ACIA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACIA is up. |
| ChartMill Relative Strength | 87.69 | POSITIVE | ACIA has a high relative strength, it outperformed 87.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACIA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACIA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACIA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 92.47 | OVERBOUGHT | The high RSI value suggests ACIA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.3 | NEGATIVE | The MACD value suggests ACIA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 94.41 | OVERBOUGHT | The high Stochastics value suggests ACIA may be overbought. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for ACIA suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 115.01 | 114.79 | 0.22 (0.19%) | 25.00% |
| An entry @115.01. This is a Buy Stop order right above the resistance zone. | An exit @114.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.22 points, which is 0.19%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.05%. |
- The distance between exit and entry is rather small compared to the average daily movement of ACIA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
114.99
+0.06 (+0.05%)
Acacia Communica / ACIA FAQ
What is the ChartMill technical rating of Acacia Communica (ACIA) stock?
ChartMill assigns a technical rating of 8 / 10 to ACIA.
What is the trend direction for ACIA stock?
The current trend direction for Acacia Communica (ACIA) is Bullish.
Can you provide the RSI signal for Acacia Communica?
Acacia Communica (ACIA) has an RSI value of 92.4741. This indicates that the stock is currently overbought.
What is the MACD signal for ACIA stock?
The MACD indicator for Acacia Communica (ACIA) has a value of -1.30483, indicating a bearish trend.
Can you provide the buy/sell signal for Acacia Communica?
The buy/sell signal for Acacia Communica (ACIA) is buy as both the short term and long term trends are positive.