ACNB CORP (ACNB) Stock Technical Analysis
NASDAQ:ACNB - US0008681092 - Common Stock
46.07 USD
+0.02 (+0.04%)
46.07 USD
0 (0%)
Overall ACNB gets a technical rating of 8 out of 10. Although ACNB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ACNB has an average volume of 26879 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ACNB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, ACNB turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
ACNB is part of the Banks industry. There are 393 other stocks in this industry, ACNB did better than 53% of them.
ACNB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACNB is lagging the market.
ACNB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 47.59. Right above this resistance zone may be a good entry point.
More info and screens
39.88
48.45
We found 3 important support areas.
- A support zone ranging from 45.09 to 45.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 43.44 to 44.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.28 to 41.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.59 to 47.97. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for ACNB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACNB is up. |
| ChartMill Relative Strength | 65.5 | NEUTRAL | ACNB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACNB is above the rising 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) | DOWN | MIXED | The current price of ACNB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.03 | NEUTRAL | The RSI value for ACNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests ACNB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.19 | OVERBOUGHT | The high Stochastics value suggests ACNB may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for ACNB suggests some volalility. |
| Average Directional Index/ADX (14) | 12.49 | 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)
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 |
|---|---|---|---|
| 47.98 | 45.08 | 2.90 (6.04%) | 16.54% |
| An entry @47.98. This is a Buy Stop order right above the resistance zone. | An exit @45.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.90 points, which is 6.04%. | When investing 16.54% 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.
46.07
+0.02 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.04%
1 Week4.47%
2 Weeks2.11%
1 Month9.43%
3 Month10.83%
6 Month12.45%
12 Month9.64%
2 Year44.74%
3 Year29.56%
5 Year119.17%
10 Year130.35%
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%2.42%
ATR Inc-50.71%
Range Today0.47
ADR(20)1.06
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.5
Mansfield-0.13
10 Day High46.85
10 Day Low42.63
20 Day High46.85
20 Day Low40.8
52 Week High50.72
52 Week Low35.7
CS1 End45.26
CR1 Start47.59
Volume & EV
DER(3)-2.43%
DER(5)-0.9%
Volume7.55K
Volume Incr-10.68%
Vol(5)18.99K
Vol(50)26.88K