ACHC Stock Forecast and Technical Analysis
Buy or Hold candidate since 2020-02-10 Gain 0.78% PDF
Acadia Healthcare Company fell by -0.65% in the last day ( Friday, 14th Feb 2020 ) from $33.77 to $33.55 During the day the stock fluctuated 1.06% from a day low at $33.45 to a day high of $33.80. The price has risen in 6 of the last 10 days and is up by 4.42% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -224 645 shares and in total 308 508 shares bought and sold for approximately $10.35 million.
ACHC Stock Price Summary
- 30 day high of the ACHC stock price was $34.58 and low was $32.01.
- 90 day high was $34.58 and low was $31.41.
- 52 week high for Acadia Healthcare Company - $35.40 and low - $25.53.
Acadia Healthcare Company lies in the middle of a 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 4.31% during the next 3 months and, with 90% probability hold a price between $33.76 and $35.69 at the end of this period.
Acadia Healthcare Company 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 $33.49 and $33.14. A break down below any of these levels will issue sell signals. 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 Thursday February 13, 2020, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
* 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.
ACHC Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 62 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.
ACHC Support & Resistance
Acadia Healthcare Company finds support from accumulated volume at $32.30.
ACHC Stock Risk
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 $0.35 (1.06%) between high and low. For the last week, the stock has had daily average volatility of 1.48%.
Our recommended stop-loss: $32.13 (-4.22%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 day(s) ago.)
1.48 %Average volatility
Very Low Low Medium High Very High
ACHC Stock Evaluation
Acadia Healthcare Company holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate candidate.
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!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.