RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ACAD
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ACADIA Pharmaceuticals Inc. stock price up 2.30% on Wednesday
(Updated on Mar 27, 2024)

Sell candidate since Mar 05, 2024 Loss -23.56% PDF

The ACADIA Pharmaceuticals Inc. stock price gained 2.30% on the last trading day (Wednesday, 27th Mar 2024), rising from $17.79 to $18.20. During the last trading day the stock fluctuated 2.65% from a day low at $17.73 to a day high of $18.20. The price has fallen in 8 of the last 10 days and is down by -6.95% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 255 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $29.52 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $17.59 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -35.79% during the next 3 months and, with a 90% probability hold a price between $11.29 and $14.20 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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ACAD Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 2.30%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ACADIA Pharmaceuticals Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $18.22 and $22.65. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for ACADIA Pharmaceuticals Inc. stock

ACADIA Pharmaceuticals Inc. finds support from accumulated volume at $17.95 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.470 between high and low, or 2.65%. For the last week, the stock has had daily average volatility of 2.90%.

ACADIA Pharmaceuticals Inc. is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ACAD) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect ACADIA Pharmaceuticals Inc. to open at $18.04, and during the day (based on 14 day Average True Range), to move between $17.27 and $19.13, which gives a possible trading interval of +/-$0.93 (+/-5.09%) up or down from last closing price. If ACADIA Pharmaceuticals Inc. takes out the full calculated possible swing range there will be an estimated 10.19% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $17.95 (1.37%) than the resistance at $18.48 (1.54%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ACADIA Pharmaceuticals Inc. stock A Buy?

ACADIA Pharmaceuticals Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.692 Sell Candidate Unchanged

Predicted Opening Price for ACADIA Pharmaceuticals Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$18.04 ( 0.86%) $18.20

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ACAD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 18.51 1.72 %
R2 18.33 0.735 %
R1 18.22 0.126 %
Current price: 18.20
Support S1 17.86 -1.85 %
S2 17.75 -2.46 %
S3 17.57 -3.44 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 19.98 9.78 %
R2 18.73 2.91 %
R1 18.48 1.54 %
Current price 18.20
Support S1 17.95 -1.37%
S2 17.84 -1.98%
S3 17.79 -2.25%

FAQ

What is the symbol for ACADIA Pharmaceuticals Inc. Stock and on which exchange is it traded?
The symbol for ACADIA Pharmaceuticals Inc. is ACAD and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ACADIA Pharmaceuticals Inc. Stock?
ACADIA Pharmaceuticals Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy ACADIA Pharmaceuticals Inc. Stock?
ACADIA Pharmaceuticals Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ACADIA Pharmaceuticals Inc. Stock.

What's the current price of ACADIA Pharmaceuticals Inc. Stock?
As of the end of day on the 2024-03-27, the price of an ACADIA Pharmaceuticals Inc. (ACAD) share was $18.20.

What is the 52-week high and low for ACADIA Pharmaceuticals Inc. Stock?
The 52-week high for ACADIA Pharmaceuticals Inc. Stock is $33.91 and the 52-week low is $17.56.

What is the market capitalization of ACADIA Pharmaceuticals Inc. Stock?
As of the 2024-03-27, the market capitalization of ACADIA Pharmaceuticals Inc. is 2.931B.

When is the next earnings date for ACADIA Pharmaceuticals Inc.?
The upcoming earnings date for ACADIA Pharmaceuticals Inc. is May 13, 2024.
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About ACADIA Pharmaceuticals Inc.

ACADIA Pharmaceuticals. ACADIA Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of small molecule drugs that address unmet medical needs in central nervous system disorders. The company offers NUPLAZID (pimavanserin) for the treatment of hallucinations and delusions associated with Parkinson's disease psychosis. It's pipeline include, pimavanserin, under phase 3 development for the treatment of Alzheimer's disease psych... ACAD Profile

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