NASDAQ trade advice (B): US technology stock | 8-9% gain | USA stock trading signal on 7 Aug 2024

Date
August 7, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NASDAQ, United States of America

Trading Advice in US Stocks

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • ACI Worldwide
  • 44 – 45
  • 48 – 49
  • Below 43
  • 8% – 9%
  • 10 - 12 Days
  • Buy
    ACI Worldwide
  • Buy
    Range
    44 – 45
  • Target
    48 – 49
  • Stoploss
    Below 43
  • Upside
    Potential
    8% – 9%
  • Trade
    Duration
    10 - 12 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    ACI Worldwide (NASDAQ: ACIW) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • ACIW
  • ACI Worldwide
  • Technology
  • 48.8
  • 19.56
  • NASDAQ code ACIW
  • Stock Name ACI Worldwide
  • Sector Technology
  • 52 Weeks High 48.8
  • 52 Weeks Low 19.56
  • ACI Worldwide (NASDAQ: ACIW) vs NASDAQ - Relative Strength Comparison

    The image showcases Bawan Company's 1-year performance relative to TASI.
    Relative Performance - Last 1 Year
    ACIW —   NASDAQ —

  • ACI Worldwide (NASDAQ: ACIW) - Technical Analysis (Daily)

    ACI Worldwide - Technical Analysis chart on Daily Price and Volume
    ACI Worldwide - Technical Analysis chart on Daily Price and Volume

    • Following the breakout of the Double Bottom pattern, the stock gradually ascended within a parallel channel.
    • Recently, it broke free from this channel and has consolidated above it.
    • After a successful pullback, the stock is continuing its upward trajectory and is anticipated to keep climbing.
  • ACI Worldwide (NASDAQ: ACIW) - RSI Indicator

    ACI Worldwide stock analysis based on RSI indicator
    ACI Worldwide - RSI indicator

    • Current RSI of this stock is 68.02, which indicates the strength of buyers.

  • ACI Worldwide (NASDAQ: ACIW) - ADX & DI Indicator

    ACI Worldwide stock analysis based on ADX & DI indicator
    ACI Worldwide - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • ACI Worldwide (NASDAQ: ACIW) - OBV Indicator

    ACI Worldwide stock analysis based on OBV indicator
    ACI Worldwide - OBV indicator

    • The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.

  • Conclusion - ACI Worldwide (NASDAQ: ACIW) Stock Price Forecast

    Based on our recommendation for Wall street stocks in NYSE & NASDAQ, ACI Worldwide stock price target will be USD 48 - USD 49 in the next 10-12 trading sessions.

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    Target hit. Trade closed.

    NASDAQ: ACIW

    7 Aug 2024
    21 Aug 2024
    23 Aug 2024
    10 days
    Loss per
    100,000 SAR
    Stop-loss
    43
    Buy Advice
    7 Aug 2024
    44 - 45
    Target 1
    21 Aug 2024
    48
    Target 2
    23 Aug 2024
    49
    Profit per
    100,000 SAR
    10 days
    8,647
    43
    44 - 45
    48
    49
    8,647
    7 Aug 2024
    21 Aug 2024
    23 Aug 2024
    10 days
    Loss per
    100,000 SAR
    Stop-loss
    43
    Buy Advice
    7 Aug 2024
    44 - 45
    Target 1
    21 Aug 2024
    48
    Target 2
    23 Aug 2024
    49
    Profit per
    100,000 SAR
    10 days
    8,647
    43
    44 - 45
    48
    49
    8,647
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • ACI Worldwide
  • 44 – 45
  • 48 – 49
  • Below 43
  • 8% – 9%
  • 10 - 12 Days
  • Buy ACI Worldwide
  • Buy
    Range
    44 – 45
  • Target 48 – 49
  • Stoploss Below 43
  • Upside
    Potential
    8% – 9%
  • Trade
    Duration
    10 - 12 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • ACI Worldwide
  • 44 – 45
  • 48 – 49
  • Below 43
  • 8% – 9%
  • 10 - 12 Days
  • Buy
    ACI Worldwide
  • Buy
    Range
    44 – 45
  • Target
    48 – 49
  • Stoploss
    Below 43
  • Upside
    Potential
    8% – 9%
  • Trade
    Duration
    10 - 12 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    ACI Worldwide (NASDAQ: ACIW) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • ACIW
  • ACI Worldwide
  • Technology
  • 48.8
  • 19.56
  • NASDAQ code ACIW
  • Stock Name ACI Worldwide
  • Sector Technology
  • 52 Weeks High 48.8
  • 52 Weeks Low 19.56
  • Company profile

    ACI Worldwide, Inc. is a software company that develops, markets, installs, and supports digital payment solutions in the US and internationally. The company operates in three segments: Banks, Merchants, and Billers. It offers ACI Acquiring, ACI Issuing, and ACI Enterprise Payments Platform. ACI Low Value Real-Time Payments and ACI High Value Real-Time Payments are platforms for processing real-time payments. ACI Payments Orchestration Platform optimizes payments, and ACI Fraud Management offers real-time fraud management. ACI Speedpay offers digital billing, payment, disbursement, and communication services. The company also provides implementation services, business and technical consultancy, and sales agents for third-party software. ACI Worldwide, founded in 1975, is based in Elkhorn, Nebraska.

  • ACI Worldwide (NASDAQ: ACIW) vs NASDAQ - Relative Strength Comparison

    The image showcases Bawan Company's 1-year performance relative to TASI.
    Relative Performance - Last 1 Year
    ACIW —   NASDAQ —

  • ACI Worldwide (NASDAQ: ACIW) - Technical Analysis (Daily)

    ACI Worldwide - Technical Analysis chart on Daily Price and Volume
    ACI Worldwide - Technical Analysis chart on Daily Price and Volume

    • Following the breakout of the Double Bottom pattern, the stock gradually ascended within a parallel channel.
    • Recently, it broke free from this channel and has consolidated above it.
    • After a successful pullback, the stock is continuing its upward trajectory and is anticipated to keep climbing.
  • ACI Worldwide (NASDAQ: ACIW) - RSI Indicator

    ACI Worldwide stock analysis based on RSI indicator
    ACI Worldwide - RSI indicator

    • Current RSI of this stock is 68.02, which indicates the strength of buyers.

  • ACI Worldwide (NASDAQ: ACIW) - ADX & DI Indicator

    ACI Worldwide stock analysis based on ADX & DI indicator
    ACI Worldwide - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • ACI Worldwide (NASDAQ: ACIW) - OBV Indicator

    ACI Worldwide stock analysis based on OBV indicator
    ACI Worldwide - OBV indicator

    • The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.

  • Conclusion - ACI Worldwide (NASDAQ: ACIW) Stock Price Forecast

    Based on our recommendation for Wall street stocks in NYSE & NASDAQ, ACI Worldwide stock price target will be USD 48 - USD 49 in the next 10-12 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website