Taking everything into account, ACMR scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACMR is showing a nice and steady performance.
Although ACMR has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.14
We found 4 important support areas.
- Support @31.25 from a trend line in the weekly time frame.
- Support @30.16 from a trend line in the daily time frame.
- Support @28.93 from a trend line in the weekly time frame.
- Support @26.40 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @39.95 from a trend line in the daily time frame.
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 ACMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACMR is up. |
| ChartMill Relative Strength | 96.59 | POSITIVE | ACMR has a high relative strength, it outperformed 96.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ACMR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.74 | NEUTRAL | The RSI value for ACMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.95 | POSITIVE | The MACD value suggests ACMR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.42 | OVERBOUGHT | The high Stochastics value suggests ACMR may be overbought. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for ACMR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.64 | NEUTRAL | The ADX value for ACMR suggests a possible start of a new trend. |
38.83
-1.16 (-2.9%)
ACM RESEARCH INC-CLASS A / ACMR FAQ
What is the ChartMill technical rating of ACM RESEARCH INC-CLASS A (ACMR) stock?
ChartMill assigns a technical rating of 8 / 10 to ACMR.
What is the trend direction for ACMR stock?
The current trend direction for ACM RESEARCH INC-CLASS A (ACMR) is Bullish.
What is the RSI signal for ACM RESEARCH INC-CLASS A (ACMR) stock?
ACM RESEARCH INC-CLASS A (ACMR) has an RSI value of 62.7394. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ACM RESEARCH INC-CLASS A?
The MACD indicator for ACM RESEARCH INC-CLASS A (ACMR) has a value of 0.953938, indicating a bearish trend.
What is the buy/sell signal for ACM RESEARCH INC-CLASS A (ACMR) stock?
The buy/sell signal for ACM RESEARCH INC-CLASS A (ACMR) is buy as both the short term and long term trends are positive.