Weaker Buy Today ACST ranks #1339 as BUY CANDIDATE #1339 Stronger Buy

ACST stock forecast Acasti Pharma

ACST stock forecast

Friday September 20, 2019 Change -1.40% Price $2.11
Your prediction: Prediction: Request
VOLUME
Buy
TREND
Buy
MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy
Bullish vs. Bearish (2 opinions)
100%
0%
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.

Quick summary:

  • 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.
Top Trending Stocks

Trend

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.

Top Golden Star Stocks

Signals

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.

Access today's Top 5 Golden Star Companies

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.

Support: $2.10 Price: $2.11 Resistance: $2.12

Risk

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

Overall risk:

Very Low Low Medium High Very High

Buy Candidate Downgraded

Evaluation

Several short-term signals, along with a general good trend, are positive and 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.

Weaker Buy Today ACST ranks #1339 as BUY CANDIDATE #1339 Stronger Buy
Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU

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!

Get access to Golden Star list now!
Trading With Moving Average
As an investor, you always seek to understand what other... Full Article
Pivot Points
Pivot Points refer to points of significant change. As a... Full Article
Accumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full Article
Volume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full Article
We Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full Article
Better Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full Article

Proudly made at

ROCKIT