0% commission for ETF tradesAcadia Healthcare Company Stock Forecast
About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
A buy signal generated when short-term moving averages cross long-term moving averages in an upward direction.
Sell Signal (MA)
A sell signal generated when short-term moving averages cross long-term moving averages in a downward direction.
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
AI Analysis of ACHC
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Stronger technical forecast for Acadia Healthcare Company stock price after Wednesday trading
(Updated on Sep 18, 2024)
Buy or Hold candidate since Aug 01, 2024
Gain 5.20%
The Acadia Healthcare Company stock price gained 0.219% on the last trading day (Wednesday, 18th Sep 2024), rising from $77.77 to $77.94. During the last trading day the stock fluctuated 2.24% from a day low at $76.94 to a day high of $78.66. The price has risen in 6 of the last 10 days but is still down by -1.54% for this period. Volume fell on the last day by -456 thousand shares and in total, 670 thousand shares were bought and sold for approximately $52.18 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a wide and strong 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 22.61% during the next 3 months and, with a 90% probability hold a price between $90.04 and $104.17 at the end of this 3-month period.
ACHC Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, August 30, 2024, and so far it has fallen -4.87%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The Acadia Healthcare Company 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 $77.73 and $75.61. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for Acadia Healthcare Company stock
Acadia Healthcare Company finds support from accumulated volume at $74.09 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.72 (2.24%) between high and low. For the last week, the stock has had daily average volatility of 2.35%.
Our recommended stop-loss: $74.47 (-4.46%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 29 days ago.)
Trading Expectations (ACHC) For The Upcoming Trading Day Of Thursday 19th
For the upcoming trading day on Thursday, 19th we expect Acadia Healthcare Company to open at $77.85, and during the day (based on 14 day Average True Range), to move between $75.75 and $80.13, which gives a possible trading interval of +/-$2.19 (+/-2.81%) up or down from last closing price. If Acadia Healthcare Company takes out the full calculated possible swing range there will be an estimated 5.62% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $78.14 (0.26%) than the support at $74.09 (4.94%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score:
2.618
Buy Candidate
Upgraded
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Predicted Fair Opening Price
Predicted fair opening price on September 19, 2024 - $77.85 ( 0.122%). The predicted opening price is based on yesterday's movements between high, low, and closing price.Trading levels for ACHC
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 79.57 | 2.09% |
| R2 | 78.91 | 1.25% |
| R1 | 78.50 | 0.724% |
| Price | 77.94 | |
| S1 | 77.19 | -0.97% |
| S2 | 76.78 | -1.49% |
| S3 | 76.12 | -2.34% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 79.91 | 2.53% |
| R2 | 78.21 | 0.346% |
| R1 | 78.14 | 0.257% |
| Price | 77.94 | |
| S1 | 74.09 | -4.94% |
| S2 | 72.37 | -7.15% |
| S3 | 66.28 | -14.96% |
FAQ
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