Acadia Healthcare Company Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Acadia Healthcare Company stock price up 1.7782717421506% on Friday
(Updated on Dec 08, 2023)
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The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.23% during the next 3 months and, with a 90% probability hold a price between $74.27 and $84.09 at the end of this 3-month period.
ACHC Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, December 06, 2023, and so far it has risen 2.97%. 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 Healthcare Company stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $73.26. On a fall, the stock will find some support from the short-term average at $73.17. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
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Support, Risk & Stop-loss for Acadia Healthcare Company stock
Acadia Healthcare Company finds support from accumulated volume at $73.24 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.95 between high and low, or 2.73%. For the last week the stock has had daily average volatility of 2.89%.
Our recommended stop-loss: $69.68 (-4.89%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)
Trading Expectations (ACHC) For The Upcoming Trading Day Of Monday 11th
For the upcoming trading day on Monday, 11th we expect Acadia Healthcare Company to open at $72.65, and during the day (based on 14 day Average True Range), to move between $71.39 and $75.13, which gives a possible trading interval of +/-$1.87 (+/-2.55%) up or down from last closing price. If Acadia Healthcare Company takes out the full calculated possible swing range there will be an estimated 5.10% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $73.24 (0.03%) than the resistance at $73.51 (0.34%), 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 Healthcare Company 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 Acadia Healthcare Company stock to perform well in the short-term.
Current score: 2.232 Open Broker Account
Buy Candidate UnchangedPredicted Opening Price for Acadia Healthcare Company of Monday, December 11, 2023
The predicted opening price is based on yesterday's movements between high, low, and closing price.
| Fair opening price December 11, 2023 | Current price |
|---|---|
| $72.65 | $73.26 (Overvalued) |
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Trading levels for ACHC
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 74.60 | 1.83 % | |
| R2 | 73.86 | 0.81 % | ||
| R1 | 73.39 | 0.184 % | ||
| Current price: | 73.26 | |||
| Support | S1 | 71.91 | -1.85 % | |
| S2 | 71.44 | -2.48 % | ||
| S3 | 70.70 | -3.49 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 75.00 | 2.38 % | |
| R2 | 74.92 | 2.27 % | ||
| R1 | 73.51 | 0.341 % | ||
| Current price | 73.26 | |||
| Support | S1 | 73.24 | -0.0273% | |
| S2 | 72.24 | -1.39% | ||
| S3 | 70.09 | -4.33% |
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