ACNB CORP (ACNB) Stock Technical Analysis
NASDAQ:ACNB - Nasdaq - US0008681092 - Common Stock - Currency: USD
Taking everything into account, ACNB scores 1 out of 10 in our technical rating. ACNB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month ACNB has a been trading in the 40.80 - 44.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: ACNB has an average volume of 27894 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, ACNB outperforms 52% of them, which is more or less in line with the market.
ACNB is an average performer in the Banks industry, it outperforms 49% of 392 stocks in the same industry.
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 a poor technical rating and the quality of the setup is also not perfect 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
31.29
48.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 41.01 to 41.33. 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 @31.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 42.22 to 42.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.90 to 44.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for ACNB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACNB is down. |
| ChartMill Relative Strength | 52.47 | NEUTRAL | ACNB is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of ACNB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACNB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.07 | NEUTRAL | The RSI value for ACNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ACNB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.5 | NEUTRAL | The Stochastics value for ACNB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for ACNB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.61 | 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)
41.95
+0.62 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.5%
1 Week-3.25%
2 Weeks-3.25%
1 Month-4.44%
3 Month-2.08%
6 Month2.29%
12 Month12.32%
2 Year31.79%
3 Year17.97%
5 Year99.57%
10 Year109.75%
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%2.18%
ATR Inc20.9%
Range Today0.95
ADR(20)0.85
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.47
Mansfield-0.78
10 Day High44.05
10 Day Low40.8
20 Day High44.61
20 Day Low40.8
52 Week High50.72
52 Week Low35.37
CS1 End41.33
CR1 Start42.22
Volume & EV
DER(3)-0.89%
DER(5)-0.91%
Volume20.20K
Volume Incr10.91%
Vol(5)23.36K
Vol(50)27.89K