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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Acacia Research Corporation (NASDAQ:ACTG)
Countertrend Down (-85) - ACTG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 5th, 2024 at 4.65
The intermediate-term trend has been DOWN since Nov 4th, 2024 at 4.52
The short-term trend has been UP since Nov 18th, 2024 at 4.46
Smart Scan Analysis for ACTG
Based on our trend formula, ACTG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.510 | 4.510 | 4.415 | 4.425 | -0.085 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.420 | 262609 | 2024-11-19 15:59:31 |
| Year High | 4.4 | Year High Date | 2018-06-15 |
| Year Low | 2.85 | Year Low Date | 2018-10-25 |
| 52wk High | 5.7395 | 52wk High Date | 2024-06-03 |
| 52wk Low | 3.575 | 52wk Low Date | 2023-11-30 |
| Year End Close | 25.6592 | Average Volume | 322,487 |
| Shares Outstanding | 97,368 | Short Interest | 1,862,968 |
| % Institutional | 80.9 | Market Cap | 145M |
| Assets | 707,572,000M | Liabilities | 167,394,000M |
| P/E Ratio | 7.7759 | Beta | 1.04 |
| Volatility | 34.53 |