Stock Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
ACACIA COMMUNICATIONS (NASDAQ:ACIA)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ACIA
The long term trend has been UP since Aug 3rd, 2018 at 37.3599
The intermediate term trend has been DOWN since Oct 8th, 2018 at 37.5500
The short term trend has been DOWN since Oct 19th, 2018 at 38.3400
Smart Scan Analysis for ACIA
Based on a pre-defined weighted trend formula for chart analysis, ACIA scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||45.31||Year High Date||2018-03-12|
|Year Low||24.72||Year Low Date||2018-04-16|
|52wk High||45.4217||52wk High Date||2017-10-20|
|52wk Low||24.72||52wk Low Date||2018-04-16|