Bullish vs. Bearish (2 opinions)
Social Sentiment 0.00
ACST Forecast and Technical Stock Analysis
Buy candidate since 2019-09-19 Loss -1.40% PDF
Acasti Pharma fell by -1.40% in the last day ( Friday, 20th Sep 2019 ) from $2.14 to $2.11 During the day the stock fluctuated 5.31% from a day low at $2.07 to a day high of $2.18. The price has fallen in 6 of the last 10 days and is down by -1.86% for this period. Volume has increased in the last day by 182 129 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, 698 646 shares bought and sold for approximately $1.47 million.
- 30 day high of the ACST stock price was $2.32 and low was $1.54.
- 90 day high was $2.95 and low was $1.00.
- 52 week high for Acasti Pharma - $2.95 and low - $0.56.
Acasti Pharma 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 $1.92 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 35.45% during the next 3 months and, with 90% probability hold a price between $2.60 and $4.64 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 Tuesday September 17, 2019, which indicates further falls until a new bottom pivot has been found. Acasti Pharma 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-offs". Acasti Pharma 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 $2.13. On a fall, the stock will find some support from the long-term average at approximately $2.02. 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 - 80 ]
RSI14 is 65 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 $2.10.
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 $0.11 between high and low, or 5.31%. For the last week, the stock has had a daily average volatility of 6.19%.
Our recommended stop-loss: $2.01 (-4.67%) (This stock has high daily movements and this gives high risk. There is a sell signal from pivot top found 3 day(s) ago.)
6.19 %Average volatility
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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!