AMERICAN COASTAL INSURANCE C (ACIC)
US9107101027 - Common Stock
Taking everything into account, ACIC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ACIC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
ACIC is one of the better performing stocks in the Insurance industry, it outperforms 85% of 140 stocks in the same industry.
ACIC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACIC is lagging the market slightly.
ACIC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that ACIC is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Besides having an excellent technical rating, ACIC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.89, a Stop Loss order could be placed below this zone.
More info and screens
9.94
13.60
3 important support areas can be observed.
- A support zone ranging from 12.80 to 12.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.86 to 10.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @13.47 from a horizontal 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
CRS88.94
Mansfield0.75
10 Day High13.5
10 Day Low12.7
20 Day High13.52
20 Day Low11.74
52 Week High14.38
52 Week Low8.1
Performance
1 Week4.34%
2 Weeks2.44%
1 Month11.15%
3 Month19.22%
6 Month11.7%
12 Month62.36%
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)-0.01
RSI(14)62.95
LBB12.63
UBB13.61
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 |
|---|---|---|---|
| 13.48 | 12.79 | 0.69 (5.12%) | 19.54% |
| An entry @13.48. This is a Buy Stop order right above the resistance zone. | An exit @12.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.69 points, which is 5.12%. | When investing 19.54% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ACIC. 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.
AMERICAN COASTAL INSURANCE C
NASDAQ:ACIC (11/22/2024, 8:21:31 PM)
After market: 13.46 0 (0%)13.46
+0.14 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.05%
1 Week4.34%
2 Weeks2.44%
1 Month11.15%
3 Month19.22%
6 Month11.7%
12 Month62.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.5
ATR(20)%3.56%
ATR Inc
Range Today0.26
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 High13.5
10 Day Low12.7
20 Day High13.52
20 Day Low11.74
52 Week High14.38
52 Week Low8.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume133.10K
Volume Incr-43.84%
Vol(5)148.94K
Vol(50)289.58K