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Stock Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Acacia Research Corporation (NASDAQ:ACTG)

Countertrend Up (+85) - ACTG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NASDAQ_ACTG
Open High Low ACTG Price Change
5.3100 5.3100 5.1701 5.1950 -0.1150
Entry Signal

MarketClub’s Trade Triangles for ACTG

long term up The long-term trend has been UP since Dec 4th, 2023 at 3.95

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 5.26

short term up The short-term trend has been UP since Jun 12th, 2024 at 5.27

Smart Scan Analysis for ACTG

Based on our trend formula, ACTG is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ACTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.3100 5.3100 5.1701 5.1950 -0.1150
Prev. Close Volume Bid Ask Time
5.2000 80085 2024-06-14 15:59:58
Year High4.4Year High Date2018-06-15
Year Low2.85Year Low Date2018-10-25
52wk High5.739552wk High Date2024-06-03
52wk Low3.4352wk Low Date2023-10-19
Year End Close25.6592Average Volume237,741
Shares Outstanding100,022Short Interest1,862,968
% Institutional80.9Market Cap145M
Assets631,725,000MLiabilities63,461,000M
P/E Ratio9.1552Beta1.04
Volatility34.53
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