ACNB Forecast and Technical Stock AnalysisSell candidate since 2019-07-19
ACNB Corporation fell by -0.96% in the last day ( Friday, 19th Jul 2019 ) from $37.56 to $37.20 During day the stock fluctuated 1.62% from a day low at $37.02 to a day high of $37.62. The price has fallen in 6 of the last 10 days and is down by -2.36% for this period. Volume has increased in the last day by 3 293 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, 4 996 shares bought and sold for approximately $185 851.00.
- 30 day high of the ACNB stock price was $39.57 and low was $35.27.
- 90 day high was $39.57 and low was $33.91.
- 52 week high for the ACNB Corporation - $41.45 and low - $33.25.
ACNB Corporation lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.19% during the next 3 months and, with 90% probability hold a price between $33.24 and $38.51 at the end of this period.
There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Thursday July 11, 2019, which indicates further falls until a new bottom pivot has been found. ACNB Corporation gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's". ACNB Corporation holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $37.74. On a fall, the stock will find some support from the long-term average at approximately $37.02. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 26 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 behavior.
Support & Resistance
ACNB Corporation finds support from accumulated volume at $36.58.
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 $0.60 (1.62%) between high and low. For the last week, the stock has had a daily average volatility of 1.45%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
1.45 %Average volatility
Very Low Low Medium High Very High
ACNB Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.
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