ACACIA RESEARCH CORP (ACTG)
US0038813079 - Common Stock
Taking everything into account, ACTG scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month ACTG has a been trading in the 4.80 - 5.47 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ACTG is part of the Financial Services industry. There are 102 other stocks in this industry. ACTG outperforms 83% of them.
ACTG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ACTG is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that ACTG is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ACTG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 4.91, a Stop Loss order could be placed below this zone.
More info and screens
3.55
5.43
5 important support areas can be observed.
- A support zone ranging from 4.81 to 4.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.07 to 4.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.93 to 3.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 3.74 to 3.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.59 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.34 to 5.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.63
Mansfield1.2
10 Day High5.06
10 Day Low4.8
20 Day High5.47
20 Day Low4.8
52 Week High5.47
52 Week Low3.43
Performance
1 Week-1%
2 Weeks2.28%
1 Month-8.02%
3 Month24.18%
6 Month32.53%
12 Month26.74%
2 Year3.14%
3 Year-7.85%
5 Year58.01%
10 Year-69.45%
15 Year-10.85%
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)51.34
LBB4.8
UBB5.03
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 |
|---|---|---|---|
| 5.07 | 4.80 | 0.27 (5.33%) | 18.78% |
| An entry @5.07. This is a Buy Stop order right above the 10 day high. | An exit @4.80. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.27 points, which is 5.33%. | For a 1.00% total portfolio risk, you can invest 18.78% of your capital in this trade. |
- 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.
ACACIA RESEARCH CORP
NASDAQ:ACTG (5/2/2024, 3:02:11 PM)
After market: 4.91 0 (0%)4.91
-0.02 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.41%
1 Week-1%
2 Weeks2.28%
1 Month-8.02%
3 Month24.18%
6 Month32.53%
12 Month26.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%2.66%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.06
10 Day Low4.8
20 Day High5.47
20 Day Low4.8
52 Week High5.47
52 Week Low3.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume96.45K
Volume Incr-38.18%
Vol(5)136.20K
Vol(50)242.46K