USA A1 Trading Advice (B) | 07-Aug-2024 | Expected Gain 6%-7%

 BUY   ACI Worldwide (NASDAQ: ACIW)

ACI Worldwide (NASDAQ: ACIW) STOCK RECOMMENDATION

Idea BUY
Buy Range 44 – 45
Target 48 – 49
StopLoss* below 43
Duration 10-12 Trading Days
Potential Returns 8% – 9%
Idea Buy Range Target StopLoss* Duration Potential Returns
BUY 44 – 45 48 – 49 below 43 10-12 Trading Days 8% – 9%

* Once the first target hit, reset the StopLoss at your buying price.

Our recommendations are authentic and transparent. Find this recommendation posted in Tradingview. Be assured such records are permanent and irreversible.

ACI Worldwide (NASDAQ: ACIW) STOCK OVERVIEW

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.

Stock Data
NASDAQ Symbol ACIW
Sectoral Index Technology
52 Weeks High 48.8
52 Weeks Low 19.56

ACI Worldwide (NASDAQ: ACIW) - RELATIVE STRENGTH

ACIW-RELATIVE STRENGTH

Relative Performance - Last 1 Year

ACI Worldwide —     NASDAQ —

ACI Worldwide (NASDAQ: ACIW) - DAILY TECHNICAL ANALYSIS

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

ACI Worldwide (NASDAQ: ACIW) - RSI
  • Current RSI of this stock is 68.02, which indicates the strength of buyers.

ACI Worldwide (NASDAQ: ACIW) - ADX & DI

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

ACIW-OBV
ACI Worldwide (NASDAQ: ACIW) - OBV
  • 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 stock trading advice in USA, ACI Worldwide stock price target will be USD 48 – USD 49 in the next 10-12 trading sessions.

ACI Worldwide (NASDAQ: ACIW) TRADINGVIEW POSITION UPDATE

MONEY MANAGEMENT AND TRADING RULES

1)  It’s advisable to enter/exit in the recommended range.
2)  Strictly follow the StopLoss as mentioned. Honour it.
3)  Use trailing StopLoss to retain profits.
4)  Diversify trading capital into our other trading recommendations.
5)  Risk only the money what you can afford to lose. Hedge accordingly.

Advisor / ANALYST SUMMARY

The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe. Arijit is a veteran trader and an active investor having in-depth knowledge of financial market research, advanced technical analysis, market cycle, algorithmic trading, and portfolio management. He is a Chartered Market Technician (CMT) accredited by CMT Association USA, the global authority of Technical Analysis and also has been honored as a Certified Financial Technician (CFTe) by the International Federation of Technical Analysts, USA.

Disclosure

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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