ACNB CORP (ACNB) Stock Technical Analysis
NASDAQ:ACNB - Nasdaq - US0008681092 - Common Stock - Currency: USD
Taking everything into account, ACNB scores 6 out of 10 in our technical rating. In the last year, ACNB was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
ACNB is one of the better performing stocks in the Banks industry, it outperforms 78% of 395 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that ACNB is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ACNB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACNB is lagging the market slightly.
In the last month ACNB has a been trading in the 40.67 - 44.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ACNB has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
31.19
48.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 39.59 to 39.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 36.68 to 36.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.51 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 41.67 to 41.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.98 to 44.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.59 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ACNB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACNB is neutral. |
| ChartMill Relative Strength | 86.42 | POSITIVE | ACNB has a high relative strength, it outperformed 86.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACNB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACNB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ACNB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.11 | NEUTRAL | The RSI value for ACNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests ACNB has a negative trend. |
| Stochastics (14,3) | 15.37 | OVERSOLD | The low Stochastics value suggests ACNB may be oversold. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for ACNB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.27 | NEGATIVE | The low ADX value for ACNB suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
41.63
-0.64 (-1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.51%
1 Week-5.56%
2 Weeks-5.36%
1 Month-1.89%
3 Month1.61%
6 Month-11.16%
12 Month31.87%
2 Year41.36%
3 Year20.63%
5 Year67.59%
10 Year106.4%
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%2.47%
ATR Inc29.41%
Range Today1.28
ADR(20)0.94
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.42
Mansfield-0.09
10 Day High44.37
10 Day Low41.23
20 Day High44.39
20 Day Low40.67
52 Week High50.72
52 Week Low30.24
CS1 End39.64
CR1 Start41.67
Volume & EV
DER(3)-0.51%
DER(5)-0.48%
Volume29.99K
Volume Incr9.16%
Vol(5)22.44K
Vol(50)32.37K