ACAH Stock Summary and Trading Ideas (Atlantic Coastal Acquisition Corp. - Class A | NASDAQ:ACAH)

Atlantic Coastal Acquisition Corp is a blank check company.

Atlantic Coastal Acquisition Corp. - Class A trades on the NASDAQ stock market under the symbol ACAH.

As of February 3, 2023, ACAH stock price was flat at $10.10 with 212 million shares trading.

ACAH has a beta of 0.01, meaning it tends to be less sensitive to market movements. ACAH has a correlation of 0.02 to the broad based SPY ETF.

ACAH has a market cap of $435.35 million. This is considered a Small Cap stock.

The top ETF exchange traded funds that ACAH belongs to (by Net Assets): ONEQ.

ACAH has outperformed the market in the last year with a return of +2.3%, while the SPY ETF lost -6.3%. However, in the most recent history, ACAH shares have underperformed the stock market with its stock returning +1.8% in the last 3 month period and +0.2% for the last 2 week period, while SPY has returned +11.6% and +4.2%, respectively.

ACAH support price is $10.08 and resistance is $10.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACAH stock will trade within this expected range on the day.