Bullish vs. Bearish (1 opinions)
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ACHC Forecast and Technical Stock Analysis
Buy candidate since 2019-11-08 Gain 4.10% PDF
Acadia Healthcare Company gained 0.58% in the last trading day ( Wednesday, 20th Nov 2019 ), rising from $31.82 to $32.00 , and has now gained 8 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the day the stock fluctuated 2.67% from a day low at $31.41 to a day high of $32.25. The price has risen in 9 of the last 10 days and is up by 5.7% 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, 0.30 million more shares were traded than the day before. In total, 1.03 million shares bought and sold for approximately $33.05 million.
- 30 day high of the ACHC stock price was $32.35 and low was $29.47.
- 90 day high was $33.25 and low was $25.53.
- 52 week high for Acadia Healthcare Company - $35.40 and low - $24.27.
Acadia Healthcare Company 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 11.29% during the next 3 months and, with 90% probability hold a price between $32.20 and $39.43 at the end of this period.
Only positive signals in the chart today. 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 $31.37 and $30.53. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday November 06, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
* 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 71 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
Acadia Healthcare Company finds support from accumulated volume at $31.50.
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 $0.84 (2.67%) between high and low. For the last week, the stock has had daily average volatility of 2.26%.
Since the Acadia Healthcare Company has been rising for 8 days in a row, the risk for the next couple of days has increased. We don't expect a major reaction as the stock is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.
Our recommended stop-loss: $30.52 (-4.64%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 10 days ago.)
2.26 %Average volatility
Very Low Low Medium High Very High
Acadia Healthcare Company holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.
|ACHC $32.00 ($0.18 0.58%)|
ACHC is up $0.18 today, but where's it headed in 2020?
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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!