AMERICAN COASTAL INSURANCE C (ACIC)

US9107101027 - Common Stock

12.06  -0.22 (-1.79%)

After market: 12.08 +0.02 (+0.17%)

Technical Rating and Analysis

8

Taking everything into account, ACIC scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month ACIC has a been trading in the 12.04 - 14.62 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, ACIC did better than 80% of all other stocks. On top of that, ACIC also shows a nice and consistent pattern of rising prices.
ACIC is one of the better performing stocks in the Insurance industry, it outperforms 80% of 141 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
ACIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACIC is lagging the market.
Weekly and Daily overview Charts
ACIC Weekly chart
ACIC Daily chart
Setup Rating and Analysis

1

Although ACIC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

9.94

13.80

6 important support areas can be observed.

  • Support @12.05 from a horizontal line in the daily time frame.
  • Support @11.32 from a trend line in the weekly time frame.
  • Support @10.91 from a trend line in the weekly time frame.
  • Support @10.55 from a horizontal line in the weekly time frame.
  • Support @10.33 from a horizontal line in the weekly time frame.
  • Support @10.04 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 13.02 to 13.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @13.66 from a horizontal line in the daily 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
CRS80.27
Mansfield-0.53
10 Day High13.78
10 Day Low12.04
20 Day High14.62
20 Day Low12.04
52 Week High15.08
52 Week Low8.82
Performance
1 Week-9.87%
2 Weeks-7.3%
1 Month-15.66%
3 Month13.45%
6 Month13.03%
12 Month21.45%
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)-0.19
RSI(14)34.3
LBB12.13
UBB14.21
ACIC Daily chart

AMERICAN COASTAL INSURANCE C

NASDAQ:ACIC (1/6/2025, 8:17:08 PM)

After market: 12.08 +0.02 (+0.17%)

12.06

-0.22 (-1.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.79%
1 Week-9.87%
2 Weeks-7.3%
1 Month-15.66%
3 Month13.45%
6 Month13.03%
12 Month21.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%4.31%
ATR Inc1.66%
Range Today0.41
ADR(20)0.51
ADR(20)%4.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.27
Mansfield-0.53
10 Day High13.78
10 Day Low12.04
20 Day High14.62
20 Day Low12.04
52 Week High15.08
52 Week Low8.82
CS1 End12.05
CR1 Start13.02
Volume & EV
DER(3)-6.96%
DER(5)-2.84%
Volume279.30K
Volume Incr33.76%
Vol(5)233.39K
Vol(50)207.84K