Stronger Sell Today ACTG ranks #4090 as SELL CANDIDATE #4090 Weaker Sell

ACTG stock forecast Acacia Research Corporation

ACTG stock forecast

Thursday May 23, 2019 Change -0.96% Price $3.10
Chart period: 2019-02-25 - 2019-05-23
VOLUME
Buy
TREND
Hold
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will ACTG stock price go up or down on Tue, 28 May 2019?

Predict

Acacia Research Corporation Forecast and Stock Analysis

Technical ACTG stock analysis for Thursday May 23, 2019.

Sell candidate since 2019-05-22 Loss -0.96%
Shorts n/a
Insider % n/a
Institutional % 80.70%
Beta 0.45
ROA -30.43%
Price to book USD 0.84
P/E Ratio -2.00
Next Earnings Date 2019-07-24


Acacia Research Corporation fell by -0.96% in the last day ( Thursday, 23rd May 2019 ) from $3.13 to $3.10 and has now fallen 3 days in a row. During day the stock fluctuated 2.94% from a day low at $3.06 to a day high of $3.15. The price has been going up and down for this period, and there has been a -1.27% loss for the last 2 weeks. Volume has increased in the last day by 300 470 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, 346 692 shares bought and sold for approximately $1.07 million.

Quick summary:

  • 30 day high of the ACTG stock price was $3.20 and low was $3.02.
  • 90 day high was $3.34 and low was $2.94.
  • 52 week high for the Acacia Research Corporation - $4.40 and low - $2.75.

Trend

Given the current horizontal trend you can expect Acacia Research Corporation with 90% probability to be traded between $3.08 and $3.37 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. Acacia Research Corporation holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $3.13 and $3.15. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday May 21, 2019, which indicates further falls until a new bottom pivot has been found. Acacia Research 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".

The stock had a Golden Star Signal* on Monday March 18, 2019 in the short-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

A sell signal from a double bottom formation was found on Tuesday May 14, 2019 with a target of $3.11. Despite the objective of the signal formation has been reached the stock may continue to fall.

Relative Strength Index (RSI)

RSI14 is 43 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Acacia Research Corporation finds support from accumulated volume at $3.05.

Support: $3.05 Price: $3.10 Resistance: $3.14

Risk

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 $0.09 (2.94%) between high and low. For the last week, the stock has had a daily average volatility of 2.72%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

2.72 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today ACTG ranks #4090 as SELL CANDIDATE #4090 Weaker Sell
ACTG $3.10 ($-0.03 -0.96%)
ACTG is down $0.03 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for ACTG based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

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Will ACTG stock price go up or down
on Tue, 28 May 2019?

Predict

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