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ACNB Stock Tickeron detected bullish Stock Pattern: Triangle Ascending ACNB on September 13, 2024, netting in a 3.82% gain over 1 month

A.I.dvisor
at Tickeron.com
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+3.82% Gain from a Successful pattern Triangle Ascending
ACNB - ACNB Corp
Tickeron
Ticker: ACNB
Company: ACNB
Gain: +3.82%
Confirmed: 09/13/24
Succeeded: 11/05/24
Total length: 54 days
On September 12, 2024, A.I.dvisor detected a Triangle Ascending Pattern (Bullish) for ACNB Corp (ACNB, $41.59). On September 13, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $47.66. 53 days later, on November 05, 2024, ACNB reached the target price resulting in a for traders who took a long position in the stock.

ACNB in upward trend: price may jump up because it broke its lower Bollinger Band on December 03, 2024

ACNB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 30 cases where ACNB's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 66 cases where ACNB's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 17, 2024. You may want to consider a long position or call options on ACNB as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ACNB advanced for three days, in of 272 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for ACNB turned negative on November 26, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ACNB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ACNB entered a downward trend on December 17, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 62, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ACNB’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.097) is normal, around the industry mean (1.030). P/E Ratio (9.650) is within average values for comparable stocks, (18.662). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.366). Dividend Yield (0.032) settles around the average of (0.058) among similar stocks. P/S Ratio (2.871) is also within normal values, averaging (2.921).

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General Information

a regional bank

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
Regional Banks
Address
16 Lincoln Square
Phone
+1 717 334-3161
Employees
413
Web
https://www.acnb.com