- Volatility is at a recent 2 week low. A recent low volatility of stock movement within a box range could trigger break through when activities pick up.
- A moving average of short volume ratio is at a recent 2 week low. A lower short volume ratio could be a bullish signal.
- RSI is at a high level of 95. A high level of RSI indicates the stock is overbought.
- MACD is crossing MACD signal line at 2.5. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
(Bloomberg) -- China’s State Administration for Market Regulation issued a conditional approval of Cisco Systems Inc.’s purchase of Acacia Communications Inc., removing a regulatory hurdle that had nearly torpedoed the deal.The approval is conditional on the companies agreeing to continue to honor contracts with existing clients in China for the next five years from the effective date, the regulator said in a release dated Jan. 14 and posted on its website on Tuesday. Among other requirements, t...
Cisco (CSCO) will now pay $4.5 billion to acquire Acacia Communications, which represents a 73.1% increase over the original purchase price of $2.6 billion.
Acacia Communications, Inc. ( NASDAQ:ACIA ) shareholders have had their patience rewarded with a 62% share price jump...
Cisco upped its offer for Acacia Communications to $4.5 billion from $2.6 billion. Cisco stock slipped while Acacia stock soared on the sweetened offer for the maker of optical devices.
Acacia and Cisco have a new merger agreement worth $4.5 billion after an earlier deal was terminated by a lag in regulatory approval from China.
Cisco Systems CEO Chuck Robbins joins Yahoo Finance Live to discuss the latest merger agreement with Acacia, the impact of the January 6 siege on the Capitol on the country and the business community, and the state of the company.
Cisco said it has reached a revised agreement to acquire the optical networking company Acacia Communications for $115 a share, up from a previously agreed price of $70 a share.
(Bloomberg) -- Cisco Systems Inc. raised its offer for Acacia Communications Inc. by more than 70% to close a deal that its target tried to walk away from.Acacia shareholders will get $115 a share in cash in the revised bid, for a total deal value of $4.5 billion, Cisco said in a statement Thursday. Acacia, which agreed to the revised proposal, rallied as much as 32% in New York trading Thursday. The companies aim to complete the deal by the end of the first quarter.The new terms reflect the dif...