ACTG Forecast and Technical Stock AnalysisSell candidate since 2019-06-03 Loss -8.74%
Acacia Research Corporation gained 1.08% in the last trading day ( Friday, 19th Jul 2019 ), rising from $2.79 to $2.82 , and has now gained 3 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 day the stock fluctuated 2.54% from a day low at $2.76 to a day high of $2.83. The price has fallen in 6 of the last 10 days and is down by -2.42% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 3 770 more shares were traded than the day before. In total, 51 531 shares bought and sold for approximately $145 317.00.
- 30 day high of the ACTG stock price was $3.20 and low was $2.70.
- 90 day high was $3.24 and low was $2.70.
- 52 week high for the Acacia Research Corporation - $4.05 and low - $2.70.
Acacia Research Corporation lies in the middle of a 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 -11.72% during the next 3 months and, with 90% probability hold a price between $2.36 and $2.59 at the end of this period.
A buy signal was issued from a pivot bottom point on Wednesday July 17, 2019, which indicates further gains until a new top pivot has been found. Acacia Research Corporation has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Acacia Research Corporation holds a buysignal 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 $2.96. On a fall, the stock will find some support from the short-term average at $2.81. 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 37 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
Acacia Research Corporation finds support from accumulated volume at $2.79.
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 $0.07 (2.54%) between high and low. For the last week, the stock has had a daily average volatility of 2.62%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
2.62 %Average volatility
Very Low Low Medium High Very High
|ACTG $2.82 ($0.03 1.08%)|
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