Bullish vs. Bearish (3 opinions)
Social Sentiment 0.14
ACST Forecast and Technical Stock Analysis
Buy candidate since 2019-12-13 PDF
Acasti Pharma gained 16.57% in the last trading day ( Friday, 13th Dec 2019 ), rising from $1.75 to $2.04 During the day the stock fluctuated 17.71% from a day low at $1.75 to a day high of $2.06. The price has fallen in 7 of the last 10 days , but is still up by 2.51% 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, 2.86 million more shares were traded than the day before. In total, 5.90 million shares bought and sold for approximately $12.03 million.
- 30 day high of the ACST stock price was $2.35 and low was $1.72.
- 90 day high was $2.35 and low was $1.72.
- 52 week high for Acasti Pharma - $2.95 and low - $0.65.
Acasti Pharma lies in the middle of a very 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 -5.15% during the next 3 months and, with 90% probability hold a price between $1.66 and $2.12 at the end of this period.
Only positive signals in the chart today. Acasti Pharma holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $1.86 and $1.96. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday December 12, 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 50 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
Acasti Pharma finds support from accumulated volume at $2.00.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.31 between high and low, or 17.71%. For the last week, the stock has had a daily average volatility of 8.80%.
Our recommended stop-loss: $1.94 (-4.76%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)
8.80 %Average volatility
Very Low Low Medium High Very High
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since last evaluation from a Sell Candidate to a Buy Candidate 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 8.000 stocks usually only a few will trigger a Golden Star Signal per day!