PROOF ACQUISITION CORP I-A (PACI)

US74349W1045 - Common Stock

14.5  -5.5 (-27.5%)

After market: 16 +1.5 (+10.34%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to PACI. In the last year, PACI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

PACI 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.
In the last month PACI has a been trading in the 9.94 - 35.00 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, PACI did better than 94% of all other stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Weekly and Daily overview Charts
PACI Weekly chart
PACI Daily chart
Setup Rating and Analysis

3

Although PACI 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.

Support and Resistance Analysis

10.29

14.65

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 14.41 to 14.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.67 from a horizontal line in the daily time frame.
  • A support zone ranging from 10.39 to 10.43. This zone is formed by a combination of multiple trend lines 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
CRS94.44
Mansfield2.54
10 Day High35
10 Day Low9.94
20 Day High35
20 Day Low9.94
52 Week High35
52 Week Low9.94
Performance
1 Week40.1%
2 Weeks34.26%
1 Month33.89%
3 Month35.39%
6 Month38.89%
12 Month45%
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)0.95
RSI(14)52.14
LBB1.92
UBB24.85
PACI Daily chart

PROOF ACQUISITION CORP I-A

NYSE:PACI (12/1/2023, 8:15:11 PM)

After market: 16 +1.5 (+10.34%)

14.5

-5.5 (-27.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-27.5%
1 Week40.1%
2 Weeks34.26%
1 Month33.89%
3 Month35.39%
6 Month38.89%
12 Month45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.61
ATR(20)%17.47%
ATR Inc
Range Today4.91
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 High35
10 Day Low9.94
20 Day High35
20 Day Low9.94
52 Week High35
52 Week Low9.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume35.90K
Volume Incr1196.63%
Vol(5)704.20K
Vol(50)117.40K