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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

ACORN ENERGY INC (NASDAQ:ACFN)

Sidelines Mode (+55) - ACFN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ACFN?

MarketClub looks at technical strength and momentum to determine if the timing is right for ACFN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ACFN
Open High Low ACFN Price Change
7.00 7.00 6.66 6.66 -0.64
Entry Signal

MarketClub’s Trade Triangles for ACFN

long term up The long-term trend has been UP since Aug 21st, 2023 at 0.37

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2024 at 6.21

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 7.80

Smart Scan Analysis for ACFN

Based on our trend formula, ACFN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ACFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.00 7.00 6.66 6.66 -0.64
Prev. Close Volume Bid Ask Time
7.00 1051 2024-03-28 09:42:58
Year High0.45Year High Date2018-04-17
Year Low0.149Year Low Date2018-01-16
52wk High8.552wk High Date2023-09-08
52wk Low452wk Low Date2023-08-04
Year End Close7.81Average Volume2,526
Shares Outstanding2,487Short Interest3,356,241
% Institutional64.9Assets5,449,000M
Liabilities6,287,000MP/E Ratio140
Beta0.48Volatility104.83
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