Stock Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Acacia Communications, Inc (NASDAQ:ACIA)
Strong Downtrend (-100) - ACIA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ACIA?
MarketClub looks at technical strength and momentum to determine if the timing is right for ACIA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ACIA
The long-term trend has been DOWN since Sep 4th, 2020 at 66.85
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 66.75
The short-term trend has been DOWN since Sep 17th, 2020 at 68.50
Smart Scan Analysis for ACIA
Based on our trend formula, ACIA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||47.2599||Year High Date||2018-11-05|
|Year Low||24.72||Year Low Date||2018-04-16|
|52wk High||69.13||52wk High Date||2020-05-11|
|52wk Low||60.62||52wk Low Date||2020-03-17|
|Average Volume||469,893||Shares Outstanding||42,039|