ACACU Stock Summary and Trading Ideas (Acri Capital Acquisition - Unit | :ACACU)

Acri Capital Acquisition - Unit trades on the stock market under the symbol ACACU.

As of September 6, 2024, ACACU stock price was flat at $12.16 with million shares trading.

ACACU has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

ACACU has underperformed the market in the last year with a price return of +11.3% while the SPY ETF gained +22.6%. However, in the short term, ACACU had mixed performance relative to the market. It has outperformed in the last 3 months, returning +3.5% vs +1.4% return in SPY. But in the last 2 weeks, ACACU shares have been beat by the market, returning -11.2% compared to an SPY return of -3.9%.

ACACU support price is $11.73 and resistance is $12.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACACU stock will trade within this expected range on the day.