Logo image of ACTC

Arclight Clean Transition Corp Cl A (ACTC) Stock Technical Analysis

NASDAQ:ACTC - Nasdaq -

18.09  -0.92 (-4.84%)

After market: 18.25 +0.16 (+0.88%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to ACTC. In the last year, ACTC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, ACTC is a bad performer in the overall market: 100% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
ACTC 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.
ACTC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACTC is lagging the market slightly.
Weekly and Daily overview Charts
Arclight Clean Transition Corp Cl A / ACTC Weekly stock chart
Arclight Clean Transition Corp Cl A / ACTC Daily stock chart
Setup Rating and Analysis

3

ACTC has an average technical rating and it also 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.

Support and Resistance Analysis

13.79

19.36

When analyzing the support we notice one important area.

  • Support @13.93 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 18.74 to 19.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS0
Mansfield-30
10 Day High20.12
10 Day Low17.9
20 Day High20.12
20 Day Low14.16
52 Week High31.06
52 Week Low9.7
Performance
1 Week-5.63%
2 Weeks-0.33%
1 Month29.58%
3 Month5.36%
6 Month73.28%
12 Month0%
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)0.07
RSI(14)54.66
LBB16.54
UBB20.08
Arclight Clean Transition Corp Cl A / ACTC Daily stock chart

Arclight Clean Transition Corp Cl A

NASDAQ:ACTC (6/14/2021, 8:00:00 PM)

After market: 18.25 +0.16 (+0.88%)

18.09

-0.92 (-4.84%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.84%
1 Week-5.63%
2 Weeks-0.33%
1 Month29.58%
3 Month5.36%
6 Month73.28%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%5.17%
ATR Inc77.65%
Range Today2.22
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
CRS0
Mansfield-30
10 Day High20.12
10 Day Low17.9
20 Day High20.12
20 Day Low14.16
52 Week High31.06
52 Week Low9.7
CS1 End13.93
CR1 Start18.74
Volume & EV
DER(3)-1.08%
DER(5)-0.39%
Volume2.04M
Volume Incr29.6%
Vol(5)1.03M
Vol(50)799.39K