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Stock Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Acacia Research Corporation (NASDAQ:ACTG)
Weak Downtrend (-65) - ACTG is showing signs of a strengthening downtrend. Monitor ACTG as it may be building momentum to the downside.
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 UP since Dec 4th, 2023 at 3.950
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 4.930
The short-term trend has been DOWN since Apr 5th, 2024 at 5.202
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).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.000 | 5.038 | 4.920 | 4.950 | -0.070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.020 | 199192 | 2024-04-15 15:59:45 |
| Year High | 4.4 | Year High Date | 2018-06-15 |
| Year Low | 2.85 | Year Low Date | 2018-10-25 |
| 52wk High | 5.47 | 52wk High Date | 2024-04-04 |
| 52wk Low | 3.43 | 52wk Low Date | 2023-10-19 |
| Year End Close | 25.6592 | Average Volume | 399,746 |
| Shares Outstanding | 99,895 | Short Interest | 1,862,968 |
| % Institutional | 80.9 | Market Cap | 145M |
| Assets | 633,545,000M | Liabilities | 65,279,000M |
| P/E Ratio | 8.6552 | Beta | 1.04 |
| Volatility | 34.53 |
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