ACA.L Forecast and Technical Stock Analysis
Buy candidate since 2019-08-13 Gain 0.80%
ACA Capital Holdings Inc gained 0.80% in the last trading day ( Monday, 19th Aug 2019 ), rising from £2.49 to £2.51 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 5.79% from a day low at £2.42 to a day high of £2.56. The price has risen in 7 of the last 10 days and is up by 7.73% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1.77 million more shares were traded than the day before. In total, 2.57 million shares bought and sold for approximately £6.46 million.
- 30 day high of the ACA.L stock price was £2.56 and low was £2.16.
- 90 day high was £2.56 and low was £1.46.
- 52 week high for ACA Capital Holdings Inc - £230.00 and low - £0.94.
ACA Capital Holdings Inc 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 63.98% during the next 3 months and, with 90% probability hold a price between £3.61 and £4.28 at the end of this period.
ACA Capital Holdings Inc holds buy signals from both short- and long-term moving averages. In addition, 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 £2.49 and £2.15. A break down below any of these levels will issue sell signals. 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. A sales signal was issued from a pivot top point on Wednesday August 14, 2019, which indicates further falls until a new bottom pivot has been found.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 80 ]
RSI14 is 70 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
ACA Capital Holdings Inc finds support from accumulated volume at £2.43.
This stock may move much during a 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 £0.14 between high and low, or 5.79%. For the last week, the stock has had a daily average volatility of 4.37%.
Our recommended stop-loss: £2.41 (-4.09%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 3 day(s) ago.)
4.37 %Average volatility
Very Low Low Medium High Very High
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 8.000 stocks usually only a few will trigger a Golden Star Signal per day!