Shares of Acadia Healthcare Has Risen Above Previous 52-Week High
Shares of Acadia Healthcare (NASDAQ:ACHC) traded today at $25.76, breaking its 52-week high. This new high was reached on below average trading volume as 79,000 shares traded hands, while the average 30-day volume is approximately 507,000 shares.
Over the past year, Acadia Healthcare has traded in a range of $14.40 to $25.76 and is now at $25.04, 74% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.6%.
Acadia Healthcare (NASDAQ:ACHC) has potential upside of 7.1% based on a current price of $25.04 and analysts' consensus price target of $26.82. The stock should discover initial support at its 50-day moving average (MA) of $22.17 and subsequent support at its 200-day MA of $19.28.
Acadia Healthcare Company, Inc. engages in the provision of behavioral healthcare services in the United States. It operates acute inpatient psychiatric facilities that provide evaluation and crisis stabilization of patients with severe psychiatric diagnoses.
SmarTrend is monitoring the recent change of momentum in Acadia Healthcare. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Acadia Healthcare in search of a potential trend change.
Keywords: 52 week high/lows acadia healthcare