ACNB CORP (ACNB)
US0008681092 - Common Stock
We assign a technical rating of 8 out of 10 to ACNB. 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.
ACNB is one of the lesser performing stocks in the Banks industry. 64% of 404 stocks in the same industry do better.
Warning: ACNB has an average volume of 17858 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ACNB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACNB is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that ACNB is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month ACNB has a been trading in the 41.03 - 50.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ACNB 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 43.71, a Stop Loss order could be placed below this zone.
More info and screens
31.19
48.08
4 important support areas can be observed.
- A support zone ranging from 43.16 to 43.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.51 to 41.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.27 from a trend line in the weekly time frame.
- Support @31.51 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 47.49 to 47.60. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS71.55
Mansfield0.79
10 Day High50.23
10 Day Low45.9
20 Day High50.72
20 Day Low41.03
52 Week High50.72
52 Week Low30.24
Performance
1 Week-0.92%
2 Weeks-7%
1 Month8.51%
3 Month11.43%
6 Month47.45%
12 Month19.84%
2 Year20.03%
3 Year62.43%
5 Year33.93%
10 Year132.94%
15 YearN/A
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)57.61
LBB41.53
UBB51.65
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 |
|---|---|---|---|
| 47.61 | 45.89 | 1.72 (3.61%) | 25.00% |
| An entry @47.61. This is a Buy Stop order right above the resistance zone. | An exit @45.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.72 points, which is 3.61%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ACNB. Please evaluate whether better entry and exit points can be found.
- 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.
ACNB CORP
NASDAQ:ACNB (11/20/2024, 8:05:03 PM)
Premarket: 47 -0.17 (-0.36%)47.17
+0.04 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.08%
1 Week-0.92%
2 Weeks-7%
1 Month8.51%
3 Month11.43%
6 Month47.45%
12 Month19.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.05
ATR(20)%3.64%
ATR Inc
Range Today0.54
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 High50.23
10 Day Low45.9
20 Day High50.72
20 Day Low41.03
52 Week High50.72
52 Week Low30.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume24.50K
Volume Incr10.07%
Vol(5)18.80K
Vol(50)17.86K