Overall ACTG gets a technical rating of 3 out of 10. In the last year, ACTG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
ACTG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.73, 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
3.04
When analyzing the support we can see 5 important areas.
- A support zone ranging from 3.66 to 3.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.54 from a horizontal line in the daily time frame.
- Support @3.40 from a trend line in the daily time frame.
- A support zone ranging from 3.23 to 3.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.07 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @3.76 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.86 to 3.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.97 to 3.97. This zone is formed by a combination of multiple trend lines in the daily 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 ACTG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACTG is neutral. |
| ChartMill Relative Strength | 35.66 | NEUTRAL | ACTG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ACTG is above a declining 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) | 53.28 | NEUTRAL | The RSI value for ACTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ACTG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.59 | NEUTRAL | The Stochastics value for ACTG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for ACTG suggests some volalility. |
| Average Directional Index/ADX (14) | 18 | NEGATIVE | The low ADX value for ACTG suggests a weak or negative trend. |
3.76
+0.12 (+3.3%)
ACACIA RESEARCH CORP / ACTG FAQ
What is the technical rating for ACTG stock?
ChartMill assigns a technical rating of 3 / 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 Bearish.
Can you provide the RSI signal for ACACIA RESEARCH CORP?
ACACIA RESEARCH CORP (ACTG) has an RSI value of 53.2762. This indicates that the stock is currently neutral.
What is the support and resistance level for ACTG stock?
ACACIA RESEARCH CORP (ACTG) has a support level at 3.73 and a resistance level at 3.76. Check the full technical report for our detailed analysis of ACTG support and resistance levels.