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Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Acacia Research Corporation (NASDAQ:ACTG)
Bull Market Weakness (+75) - ACTG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ACTG as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ACTG?
MarketClub looks at technical strength and momentum to determine if the timing is right for ACTG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ACTG
The long-term trend has been DOWN since Aug 4th, 2023 at 3.665
The intermediate-term trend has been UP since Nov 2nd, 2023 at 3.700
The short-term trend has been UP since Dec 1st, 2023 at 3.680
Smart Scan Analysis for ACTG
Based on our trend formula, ACTG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.730 | 3.900 | 3.730 | 3.895 | +0.135 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.760 | 297104 | 2023-12-04 14:42:50 |
| Year High | 4.4 | Year High Date | 2018-06-15 |
| Year Low | 2.85 | Year Low Date | 2018-10-25 |
| 52wk High | 4.655 | 52wk High Date | 2023-06-06 |
| 52wk Low | 3.43 | 52wk Low Date | 2023-10-19 |
| Year End Close | 25.6592 | Average Volume | 276,716 |
| Shares Outstanding | 99,886 | Short Interest | 1,862,968 |
| % Institutional | 80.9 | Market Cap | 145M |
| Assets | 534,708,000M | Liabilities | 187,163,000M |
| P/E Ratio | 43.4444 | Beta | 1.04 |
| Volatility | 34.53 |