ACHC Forecast and Technical Stock AnalysisSell candidate since 2019-07-17 Loss -1.89%
Acadia Healthcare Company fell by -0.75% in the last day ( Friday, 19th Jul 2019 ) from $31.92 to $31.68 and has now fallen 8 days in a row. During day the stock fluctuated 1.31% from a day low at $31.59 to a day high of $32.01. The price has fallen in 9 of the last 10 days and is down by -8.49% for this period. Volume has increased in the last day by 48 688 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 441 654 shares bought and sold for approximately $13.99 million.
- 30 day high of the ACHC stock price was $35.40 and low was $31.59.
- 90 day high was $35.40 and low was $29.09.
- 52 week high for the Acadia Healthcare Company - $45.35 and low - $24.27.
Acadia Healthcare Company has broken the weak rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $33.17. A reaction back to this level may hold a second chance to get out before further falls.
There are few to none technical positive signals at the moment. Acadia Healthcare Company holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 $32.73 and $33.71. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday June 28, 2019, which indicates further falls 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 11 and the stock is extremely oversold on RSI14, but some stocks may continue to fall despite the high chance of a correction up. The low RSI lowers the general risk and the stock should be considered if other technical requirements like liquidity and risk-reward are meet.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
Support & Resistance
Acadia Healthcare Company finds support from accumulated volume at $31.22.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.42 (1.31%) between high and low. For the last week, the stock has had a daily average volatility of 1.82%.
Acadia Healthcare Company is oversold on RSI14 (11). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buying opportunity.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
1.82 %Average volatility
Very Low Low Medium High Very High
The Acadia Healthcare Company stock holds several negative signals and despite the positive trend we believe Acadia Healthcare Company will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
|ACHC $31.68 ($-0.24 -0.75%)|
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