Atlantic Capital Bancshares stock price down 0.11% on Friday
(Updated on Oct 15, 2021)
Buy candidate since 2021-10-14 Loss -0.11% PDF
The Atlantic Capital Bancshares stock price fell by -0.11% on the last day (Friday, 15th Oct 2021) from $27.38 to $27.35. During the day the stock fluctuated 2.41% from a day low at $27.34 to a day high of $28.00. The price has fallen in 6 of the last 10 days. Volume has increased on the last day by 11 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 65 thousand shares were bought and sold for approximately $1.77 million.
The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $27.82 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 9.49% during the next 3 months and, with a 90% probability hold a price between $25.48 and $30.46 at the end of this 3-month period.
Signals & Forecast
The Atlantic Capital Bancshares stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $27.29 and $25.10. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, October 07, 2021, and so far it has fallen -0.87%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss
On the downside, the stock finds support just below today's level from accumulated volume at $24.80 and $24.76. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Atlantic Capital Bancshares finds support just below today's level at $24.80. If this is broken, then the next support from accumulated volume will be at $24.76 and $24.16.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.66 between high and low, or 2.41%. For the last week, the stock has had a daily average volatility of 2.32%.
Our recommended stop-loss: $26.54 (-2.94%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 6 days ago.)
Is Atlantic Capital Bancshares stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Atlantic Capital Bancshares stock to perform well in the short-term.
Current score: 1.203
Predicted Opening Price for Atlantic Capital Bancshares of Monday, October 18, 2021
The predicted opening price is based on yesterday's movements between high, low, and the closing price.
|Fair opening price October 18, 2021||Current price|
Remember To Visit Our YouTube Channel
On Jul 27, 2021 "Piper Sandler" gave "$30.00 - $28.00" rating for ACBI. The price target was set to $24.76+2.5%.
ACBI Insider Trading
|Jan 21, 2022||Buy||491||Eidson David||Common Stock|
|Oct 11, 2021||Sell||1 000||Bugbee Robert R Ii||Common Stock|
|Aug 10, 2021||Sell||7 942||Graves James H||Common Stock|
|Aug 10, 2021||Sell||58||Graves James H||Common Stock|
|Jul 18, 2021||Sell||438||Rollins Annette||Common Stock|
Fibonacci Support & Resistance Levels
Accumulated Volume Support & Resistance Levels
Click to get the best stock tips daily for free!
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Join 95.000+ Happy SubscribersDon't miss out on the runners!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.