ACACIA RESEARCH CORP (ACTG) Technical Analysis
NASDAQ:ACTG • US0038813079
Current stock price
ACTG Technical Rating and Analysis
Taking everything into account, ACTG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ACTG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ACTG did better than 89% of all other stocks. On top of that, ACTG also shows a nice and consistent pattern of rising prices.
- ACTG is one of the better performing stocks in the Financial Services industry, it outperforms 94% of 100 stocks in the same industry.
- 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.
- ACTG 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.
ACTG Weekly and Daily overview Charts
ACTG Setup Rating and Analysis
ACTG 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 5.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ACTG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ACTG Support and Resistance Analysis
3.42
4 important support areas can be observed.
- A support zone ranging from 4.80 to 4.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.33 to 4.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.94 from a trend line in the daily time frame.
- Support @3.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.01 to 5.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
ACTG 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 ACTG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACTG is up. |
| ChartMill Relative Strength | 89.49 | POSITIVE | ACTG has a high relative strength, it outperformed 89.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACTG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACTG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACTG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.73 | NEUTRAL | The RSI value for ACTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ACTG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.79 | NEUTRAL | The Stochastics value for ACTG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for ACTG suggests some volalility. |
| Average Directional Index/ADX (14) | 31.01 | POSITIVE | The high ADX value value for ACTG suggests a strong trend. |
ACTG Chart- and CandleStick Pattern Analysis
ACTG 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 |
|---|---|---|---|
| 5.06 | 4.79 | 0.27 (5.34%) | 18.74% |
| An entry @5.06. This is a Buy Stop order right above the resistance zone. | An exit @4.79. 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 5.34%. | For a 1.00% total portfolio risk, you can invest 18.74% 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.
ACTG Technicals: Chart, Performance Metrics, Trend & Indicators
5
+0.08 (+1.63%)
ACACIA RESEARCH CORP / ACTG TA FAQ
What is the technical rating for ACTG stock?
ChartMill assigns a technical rating of 10 / 10 to ACTG.
What is the current trend direction of ACACIA RESEARCH CORP (ACTG) stock?
The current trend direction for ACACIA RESEARCH CORP (ACTG) is Bullish.
What is the RSI signal for ACTG stock?
ACACIA RESEARCH CORP (ACTG) has an RSI value of 64.7319. This indicates that the stock is currently neutral.
What is the MACD signal for ACTG stock?
The MACD indicator for ACACIA RESEARCH CORP (ACTG) has a value of -0.0249684, indicating a bearish trend.
Can you provide the short term momentum for ACACIA RESEARCH CORP?
The short term momentum for ACACIA RESEARCH CORP (ACTG) is positive.