Logo image of ACVA

ACV AUCTIONS INC-A (ACVA) Stock Technical Analysis

NASDAQ:ACVA - Nasdaq - US00091G1040 - Common Stock - Currency: USD

21.32  +0.46 (+2.21%)

Technical Rating and Analysis

6

Taking everything into account, ACVA scores 6 out of 10 in our technical rating. In the last year, ACVA was one of the better performers, but we do observe some doubts in the very recent evolution.

Looking at the yearly performance, ACVA did better than 86% of all other stocks. On top of that, ACVA also shows a nice and consistent pattern of rising prices.
ACVA is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry. ACVA outperforms 87% of them.
ACVA 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 ACVA is lagging the market slightly.
In the last month ACVA has a been trading in the 19.93 - 22.47 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ACVA has an average volume of 1282600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
ACV AUCTIONS INC-A / ACVA Weekly stock chart
ACV AUCTIONS INC-A / ACVA Daily stock chart
Setup Rating and Analysis

8

ACVA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.30, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

16.07

23.40

5 important support areas can be observed.

  • A support zone ranging from 20.94 to 21.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 20.21 to 20.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.29 from a trend line in the daily time frame.
  • Support @18.09 from a trend line in the weekly time frame.
  • Support @16.23 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 21.96 to 22.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @23.17 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
CRS86.17
Mansfield0.14
10 Day High22.47
10 Day Low20.12
20 Day High22.47
20 Day Low19.93
52 Week High23.46
52 Week Low13.53
Performance
1 Week-2.25%
2 Weeks-6.25%
1 Month-0.76%
3 Month3.63%
6 Month17.26%
12 Month43.96%
2 Year70.42%
3 Year58.15%
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)-0.08
RSI(14)46.41
LBB20.52
UBB22.25
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
21.5520.201.35 (6.26%)15.96%
An entry @21.55. This is a Buy Stop order right above the resistance zone.An exit @20.20. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.35 points, which is 6.26%.When investing 15.96% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
ACV AUCTIONS INC-A / ACVA Daily stock chart

ACV AUCTIONS INC-A

NASDAQ:ACVA (2/5/2025, 10:36:48 AM)

21.32

+0.46 (+2.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg2.21%
1 Week-2.25%
2 Weeks-6.25%
1 Month-0.76%
3 Month3.63%
6 Month17.26%
12 Month43.96%
2 Year70.42%
3 Year58.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%3.92%
ATR Inc19.05%
Range Today0.47
ADR(20)0.78
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.17
Mansfield0.14
10 Day High22.47
10 Day Low20.12
20 Day High22.47
20 Day Low19.93
52 Week High23.46
52 Week Low13.53
CS1 End20.3
CR1 Start20.94
Volume & EV
DER(3)1.85%
DER(5)2.5%
Volume430.33K
Volume Incr2.08%
Vol(5)1.16M
Vol(50)1.28M