ACA.X in upward trend: price may ascend as a result of having broken its lower Bollinger Band on April 12, 2024

ACA.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 23 of 26 cases where ACA.X's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 88%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ACA.X's RSI Indicator exited the oversold zone, 18 of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 58%.

The Moving Average Convergence Divergence (MACD) for ACA.X just turned positive on April 23, 2024. Looking at past instances where ACA.X's MACD turned positive, the stock continued to rise in 15 of 23 cases over the following month. The odds of a continued upward trend are 65%.

$ACA

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