ACADIA HEALTHCARE CO INC (ACHC) Technical Analysis
NASDAQ:ACHC • US00404A1097
Current stock price
ACHC Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to ACHC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACHC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- ACHC is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry. ACHC outperforms 90% of them.
- ACHC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ACHC has a been trading in the 21.61 - 28.27 range, which is quite wide. It is currently trading near the high of this range.
- ACHC has an average volume of 3527490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that ACHC is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ACHC Weekly and Daily overview Charts
ACHC Setup Rating and Analysis
ACHC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 27.45. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ACHC Support and Resistance Analysis
25.68
We found 1 important support area.
- Support @25.94 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.45 to 27.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
ACHC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ACHC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACHC is up. |
| ChartMill Relative Strength | 90.62 | POSITIVE | ACHC has a high relative strength, it outperformed 90.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.47 | NEUTRAL | The RSI value for ACHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ACHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.07 | OVERBOUGHT | The high Stochastics value suggests ACHC may be overbought. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ACHC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.13 | POSITIVE | The high ADX value value for ACHC suggests a strong trend. |
ACHC Chart- and CandleStick Pattern Analysis
ACHC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.85 | 25.93 | 1.92 (6.89%) | 14.51% |
| An entry @27.85. This is a Buy Stop order right above the resistance zone. | An exit @25.93. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.92 points, which is 6.89%. | When investing 14.51% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ACHC Technicals: Chart, Performance Metrics, Trend & Indicators
27.44
-0.4 (-1.44%)
ACADIA HEALTHCARE CO INC / ACHC TA FAQ
What is the technical rating for ACHC stock?
ChartMill assigns a technical rating of 9 / 10 to ACHC.
What is the trend direction for ACHC stock?
The current trend direction for ACADIA HEALTHCARE CO INC (ACHC) is Bullish.
What is the RSI signal for ACHC stock?
ACADIA HEALTHCARE CO INC (ACHC) has an RSI value of 67.4664. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ACADIA HEALTHCARE CO INC?
The short term momentum for ACADIA HEALTHCARE CO INC (ACHC) is positive.
What are the support and resistance levels for ACADIA HEALTHCARE CO INC (ACHC) stock?
ACADIA HEALTHCARE CO INC (ACHC) has a support level at 25.94 and a resistance level at 27.45. Check the full technical report for our detailed analysis of ACHC support and resistance levels.