ACACIA RESEARCH CORP (ACTG) Stock Technical Analysis
NASDAQ:ACTG - Nasdaq - US0038813079 - Common Stock - Currency: USD
Overall ACTG gets a technical rating of 0 out of 10. ACTG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
63% of all other stocks performed better in the past year than ACTG.
ACTG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ACTG is part of the Financial Services industry. There are 101 other stocks in this industry, ACTG did better than 47% of them.
In the last month ACTG has a been trading in the 4.17 - 4.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ACTG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 4.20, a Stop Loss order could be placed below this zone.
More info and screens
4.16
4.86
When analyzing the support we notice one important area.
- A support zone ranging from 4.20 to 4.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @4.22 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.30 to 4.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.48 from a horizontal line in the daily time frame.
- Resistance @4.56 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.76 to 4.81. 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
CRS37.23
Mansfield-1.83
10 Day High4.41
10 Day Low4.18
20 Day High4.53
20 Day Low4.18
52 Week High5.74
52 Week Low3.92
Performance
1 Week-3%
2 Weeks-2.09%
1 Month-3.66%
3 Month-7.68%
6 Month-12.11%
12 Month5.25%
2 Year-2.55%
3 Year9.92%
5 Year83.04%
10 Year-66.43%
15 Year-57.56%
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
RSI(14)40.48
LBB4.18
UBB4.42
4.21
-0.13 (-3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-3%
1 Week-3%
2 Weeks-2.09%
1 Month-3.66%
3 Month-7.68%
6 Month-12.11%
12 Month5.25%
2 Year-2.55%
3 Year9.92%
5 Year83.04%
10 Year-66.43%
15 Year-57.56%
Volatility
ATR(14)0.11
ATR(20)%2.52%
ATR Inc14.36%
Range Today0.18
ADR(20)0.1
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.23
Mansfield-1.83
10 Day High4.41
10 Day Low4.18
20 Day High4.53
20 Day Low4.18
52 Week High5.74
52 Week Low3.92
CS1 End4.2
CR1 Start4.22
Volume & EV
DER(3)-3.41%
DER(5)-2.54%
Volume113.10K
Volume Incr-37.6%
Vol(5)86.14K
Vol(50)171.62K