ACIA Forecast and Technical Stock Analysis
Sell candidate since 2019-09-06 Loss -0.11% PDF
Acacia Communications Inc. gained 0.08% in the last trading day ( Friday, 13th Sep 2019 ), rising from $64.24 to $64.29 , and has now gained 5 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 0.93% from a day low at $63.91 to a day high of $64.50. The price has risen in 7 of the last 10 days and is up by 0.58% over the past 2 weeks. Volume fell in the last day by -225 660 shares and in total, 154 547 shares bought and sold for approximately $9.94 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the ACIA stock price was $65.11 and low was $62.57.
- 90 day high was $67.49 and low was $44.38.
- 52 week high for Acacia Communications Inc. - $67.49 and low - $32.98.
Acacia Communications Inc. lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $61.40 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 30.56% during the next 3 months and, with 90% probability hold a price between $80.17 and $103.24 at the end of this period.
Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Acacia Communications Inc. holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $64.35. On a fall, the stock will find some support from the short-term average at $64.10. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Thursday September 05, 2019, which indicates further falls until a new bottom pivot has been found.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 64 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
Acacia Communications Inc. finds support from accumulated volume at $63.56.
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 $0.59 (0.93%) between high and low. For the last week, the stock has had daily average volatility of 1.15%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
1.15 %Average volatility
Very Low Low Medium High Very High
The Acacia Communications Inc. stock holds several negative signals and despite the positive trend we believe Acacia Communications Inc. will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
|ACIA $64.29 ($0.05 0.08%)|
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