ACTG Forecast and Technical Stock Analysis
Sell candidate since 2019-09-17 Gain 0.36% PDF
Acacia Research Corporation gained 3.00% in the last trading day ( Friday, 20th Sep 2019 ), rising from $2.67 to $2.75 During the day the stock fluctuated 6.49% from a day low at $2.62 to a day high of $2.79. The price has been going up and down for this period, and there has been a 5.36% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 317 933 more shares were traded than the day before. In total, 402 644 shares bought and sold for approximately $1.11 million.
- 30 day high of the ACTG stock price was $3.04 and low was $2.56.
- 90 day high was $3.15 and low was $2.56.
- 52 week high for Acacia Research Corporation - $3.35 and low - $2.56.
Acacia Research Corporation lies in the middle of a 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 -5.03% during the next 3 months and, with 90% probability hold a price between $2.42 and $2.85 at the end of this period.
There are mixed signals in the stock today. Acacia Research Corporation holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $2.80 and $2.79. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Wednesday September 18, 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 58 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
On the downside, the stock finds support just below today's level from accumulated volume at $2.61 and $2.59.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Acacia Research Corporation finds support just below today's level at $2.61. If this is broken, then the next support from accumulated volume will be at $2.59 and $2.59.
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 $0.17 between high and low, or 6.49%. For the last week, the stock has had a daily average volatility of 5.70%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
5.70 %Average volatility
Very Low Low Medium High Very High
|ACTG $2.75 ($0.08 3.00%)|
ACTG is up $0.08 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.
Click here – the ACTG analysis is free »
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!