AMCI ACQUISITION CORP-CW26 (ADNWW)

0.0116  -0.01 (-31.36%)

After market: 0.0113 0 (-2.59%)

Technical Rating and Analysis

6

Taking everything into account, ADNWW scores 6 out of 10 in our technical rating. In the last year, ADNWW 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, ADNWW is a bad performer in the overall market: 91% of all stocks are doing better.
ADNWW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month ADNWW has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ADNWW Weekly chart
ADNWW Daily chart
Setup Rating and Analysis

8

ADNWW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADNWW in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.01

0.01

When analyzing the support we notice one important area.

  • A support zone ranging from 0.01 to 0.01. 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
CRS9.67
Mansfield-4.27
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.07
52 Week Low0.01
Performance
1 Week11.54%
2 Weeks17.17%
1 Month28.89%
3 Month20.83%
6 Month84.13%
12 Month-79.83%
2 Year-95.36%
3 Year-99.17%
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
RSI(14)51.2
LBB0.01
UBB0.02
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
0.020.000.02 (109.74%)0.91%
An entry @0.02. This is a Buy Stop order right above the 10 day moving average.An exit @0.00. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.02 points, which is 109.74%.When investing 0.91% 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.
ADNWW Daily chart

AMCI ACQUISITION CORP-CW26

NASDAQ:ADNWW (11/15/2024, 8:00:00 PM)

After market: 0.0113 0 (-2.59%)

0.0116

-0.01 (-31.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-31.36%
1 Week11.54%
2 Weeks17.17%
1 Month28.89%
3 Month20.83%
6 Month84.13%
12 Month-79.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0
ATR(20)%36.03%
ATR Inc
Range Today0
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 High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.07
52 Week Low0.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume95.70K
Volume Incr196.78%
Vol(5)462.44K
Vol(50)126.20K