Acacia Research Corporation Shares Close the Week 27.7% Higher - Weekly Wrap
Acacia Research Corporation shares closed this week 27.7% higher than it did at the end of last week. The stock is currently up 81.5% year-to-date, up 188.3% over the past 12 months, and up 97.5% over the past five years. This week, the Dow Jones Industrial Average rose 3.9%, and the SP 500 rose 4.8%. Trading Activity Shares traded as high as $7.70 and as low as $5.70 this week.Trading volume this week was 7.9% lower than the 10-day average and 25.0% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.5. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company#39
Acacia Research Corporation Shares Close the Week 27.7% Higher - Weekly Wrap
Acacia Research Corporation shares closed this week 27.7% higher than it did at the end of last week. The stock is currently up 81.5% year-to-date, up 188.3% over the past 12 months, and up 97.5% over the past five years. This week, the Dow Jones Industrial Average rose 3.9%, and the SP 500 rose 4.8%. Trading Activity Shares traded as high as $7.70 and as low as $5.70 this week.Trading volume this week was 7.9% lower than the 10-day average and 25.0% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.5. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company#39