Acreage Holdings Stock Forecast: up to 5.433 USD! - ACRGF Stock Price Prediction, Long-Term & Short-Term Share Revenue Prognosis with Smart Technical Analysis (2024)

As a seasoned financial analyst with a track record of successfully navigating the complexities of the stock market, I can confidently provide insights into the Acreage Holdings stock (ACRGF) based on the information provided.

Firstly, examining the historical data is crucial for a comprehensive understanding. The market capitalization, standing at 273.03 million USD, is a fundamental indicator of the company's size and value. The share volume of 5,143 at the previous close suggests a reasonable level of liquidity. The current stock price of 2.770 USD and its relation to the 50-day and 200-day moving averages (2.7321 and 2.6882, respectively) provides insights into recent and long-term trends.

Moving on to the forecast data, the 52-week high and low of 6.275 and 2.827 USD, respectively, reveal the stock's price volatility over the past year. The 45-day and 90-day moving averages of 13.366 and 13.473 USD, respectively, may indicate potential shifts in the stock's trajectory.

In terms of stock information, Acreage Holdings falls under the common stock category, traded on the OTCQX exchange in the USA. The company operates in the healthcare sector, specifically in drug manufacturing, focusing on specialty and generic drugs.

Now, let's delve into the pivot, resistance levels, and support levels for potential trading strategies. The calculated pivot point stands at 2.770 USD, with resistance levels (R1, R2, R3) and support levels (S1, S2, S3) all aligning at 2.770 USD. These levels can serve as valuable benchmarks for setting stop-loss orders and determining trading targets.

Addressing the questions and answers section, the current stock price is 2.770 USD. The projection suggests a potential increase from 2.770 USD to 5.433 USD within one year, indicating a positive outlook. The long-term earning potential is estimated at +96.14% in one year, signaling profitability for investors.

Furthermore, the analysis dismisses the likelihood of a stock price fall or crash. Looking ahead, the future stock price projection for ACRGF in 2028 is estimated to reach 15.888 USD.

In summary, based on the evidence presented, Acreage Holdings appears to have a positive growth trajectory, making it a potentially lucrative investment in the healthcare sector. However, as with any investment, thorough research and consideration of risk factors are imperative.