Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ACTG
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Weaker technical forecast for Acacia Research Corporation as stock downgraded to Hold/Accumulate.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 26, 2024 Gain 0.96% PDF

The Acacia Research Corporation stock price gained 0.96% on the last trading day (Wednesday, 27th Mar 2024), rising from $5.23 to $5.28. During the last trading day the stock fluctuated 1.24% from a day low at $5.23 to a day high of $5.30. The price has risen in 8 of the last 10 days and is up by 32% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 91 thousand more shares were traded than the day before. In total, 311 thousand shares were bought and sold for approximately $1.64 million.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $4.88, a level that may pose a second chance to hit a runner. According to fan-theory $5.60 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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ACTG Signals & Forecast

The Acacia Research Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $5.19 and $4.34. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, March 06, 2024, and so far it has risen 34.69%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Acacia Research Corporation stock

Acacia Research Corporation finds support from accumulated volume at $5.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0650 between high and low, or 1.24%. For the last week, the stock has had daily average volatility of 2.53%.

The Acacia Research Corporation stock is extremely overbought on RSI14 (96). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $5.12 (-3.08%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 96 and this increases the risk substantially. There is a buy signal from a pivot bottom found 15 days ago.)

Trading Expectations (ACTG) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Acacia Research Corporation to open at $5.27, and during the day (based on 14 day Average True Range), to move between $5.13 and $5.43, which gives a possible trading interval of +/-$0.151 (+/-2.86%) up or down from last closing price. If Acacia Research Corporation takes out the full calculated possible swing range there will be an estimated 5.71% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $5.05, some $0.230 (4.36%) from the current price of $5.28, our system finds the risk reward attractive.

Is Acacia Research Corporation stock A Buy?

Acacia Research Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Acacia Research Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$5.27 ( 0.221%) $5.28

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ACTG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.33 1.01 %
R2 5.31 0.540 %
R1 5.29 0.249 %
Current price: 5.28
Support S1 5.24 -0.691 %
S2 5.23 -0.98 %
S3 5.20 -1.45 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 5.28
Support S1 5.05 -4.36%
S2 4.91 -7.01%
S3 4.65 -11.93%

ACTG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 22, 2015 Nov 04, 2015 Nov 30, 2015 $0.125 2.12%
2 Jul 23, 2015 Aug 03, 2015 Aug 31, 2015 $0.125 1.31%
3 Apr 23, 2015 Apr 30, 2015 May 29, 2015 $0.125 1.22%
4 Feb 19, 2015 Feb 26, 2015 Mar 30, 2015 $0.125 1.21%
5 Oct 22, 2014 Oct 30, 2014 Nov 28, 2014 $0.125 0.657%

FAQ

What is the symbol for Acacia Research Corporation Stock and on which exchange is it traded?
The symbol for Acacia Research Corporation is ACTG and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Acacia Research Corporation Stock?
Acacia Research Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Acacia Research Corporation Stock?
Acacia Research Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Acacia Research Corporation Stock.

What's the current price of Acacia Research Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Acacia Research Corporation (ACTG) share was $5.28.

What is the 52-week high and low for Acacia Research Corporation Stock?
The 52-week high for Acacia Research Corporation Stock is $5.34 and the 52-week low is $3.44.

What is the market capitalization of Acacia Research Corporation Stock?
As of the 2024-03-27, the market capitalization of Acacia Research Corporation is 527.4M.

When is the next earnings date for Acacia Research Corporation?
The upcoming earnings date for Acacia Research Corporation is May 09, 2024.
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