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Acacia Research Corporation Stock Forecast NASDAQ:ACTG

$4.82 (-3.21%)

Volume: 356k

Closed: Dec 03, 2021

Hollow Logo Score: -4.300

Acacia Research Corporation Stock Forecast

$4.82 (-3.21%)

Volume: 356k

Closed: Dec 03, 2021

Score Hollow Logo -4.300
Which way will ACTG go? Request
Key Stats
P/E Ratio 12.44
Beta 1.44
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 32 and the stock is currently not being overbought or oversold

Acacia Research Corporation stock price ended on $4.82 on Friday after losing 3.21%
(Updated on Dec 03, 2021)


Sell candidate since 2021-12-03

The Acacia Research Corporation stock price fell by -3.21% on the last day (Friday, 3rd Dec 2021) from $4.98 to $4.82. During the day the stock fluctuated 6.87% from a day low at $4.66 to a day high of $4.98. The price has fallen in 7 of the last 10 days and is down by -12.68% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -67 thousand shares and in total, 356 thousand shares were bought and sold for approximately $1.72 million.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $4.66 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -25.07% during the next 3 months and, with a 90% probability hold a price between $3.49 and $4.23 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.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, December 01, 2021, and so far it has risen 2.12%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Acacia Research Corporation 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 $5.00 and $5.44. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Thursday, December 10, 2020 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Thursday, December 10, 2020 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

Acacia Research Corporation finds support from accumulated volume at $4.72 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.32 between high and low, or 6.87%. For the last week, the stock has had a daily average volatility of 7.14%.

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

Is Acacia Research Corporation stock A Buy?

Acacia Research Corporation holds several negative signals and is within a 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: -4.300

Predicted Opening Price for Acacia Research Corporation of Monday, December 6, 2021

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

Fair opening price December 6, 2021 Current price
$4.82 $4.82 (Undervalued)
Sell Candidate Unchanged

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Analyst Ratings

On Jun 05, 2020 "Craig Hallum" gave "" rating for ACTG. The price target was changed from $4.00 to $5.00.

Volatility and Risk
Daily Average Volatility: 7.14 %
Overall Risk: Very High High Medium Low Very Low
Volatility
7.14 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $5.52
Price: $4.82
Support: $4.72

ACTG Insider Trading Show all Trades

INSIDER POWER

10.032

Last 100 transactions
Buy: 3 342 768 | Sell: 333 216 (Shares)
Date Action Amount Person Type
Nov 08, 2021 Sell 4 401 Booth Marc W. ACTG Common Stock
Sep 30, 2021 Buy 4 418 Kohlberg Isaac T. ACTG Common Stock
Aug 23, 2021 Buy 45 000 Rosenstein Richard Jay ACTG Common Stock
Aug 23, 2021 Buy 22 500 Soncini Jason W. ACTG Common Stock
Aug 23, 2021 Buy 45 000 Booth Marc W. ACTG Common Stock
Show all Insider Trades
INSIDER POWER

10.032

Last 100 transactions
Buy: 3 342 768 | Sell: 333 216 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 5.14 6.64 %
5.02 4.10 %
4.94 2.54 %
Current price: 4.82
Support 4.70 -2.54 %
4.62 -4.10 %
4.50 -6.64 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 5.71 18.46 %
5.53 14.73 %
5.52 14.52 %
Current price 4.82
Support 4.72 -2.07%
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About Acacia Research Corporation

Acacia Research Acacia Research Corporation, through its subsidiaries, invests in, develops, licenses, and enforces patented technologies in the United States. It assists patent owners with the prosecution and development of their patent portfolios; the protection of their patented inventions from unauthorized use; the generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technolog... Read more

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!

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