Where it stands
On the Red List.
Down 38.2% from its rolling 252-day high, 58 days after the high.
Snapshot . Price structure, not a judgment about the business.
What changed
Since the previous observation.
Tier and recovery signal are unchanged between these two observations.
Comparing with . This compares classification, not price returns.
See the recorded timeline →Why it is flagged
ACAD qualifies for the Red List on decline depth.
Down 38.2% from its rolling 252-day high, 58 days after the high. The most severe triggered rule determines the tier.
Inspect the three classification measures
Price history
The price path behind the snapshot.
Daily prices with the rolling-high reference. When a recorded classification event falls on a displayed trading date, it is marked on the chart.
The recorded history
A timeline of observations.
First observed 2026-05-15. These are scan observations, not exact transition times or the start of a decline. Missing scan dates are not filled in.
- Amber List → Red List
- Watch → Amber List
- Amber List → Watch
- Watch → Amber List
- Watch; recovery signal active → Watch
- Watch → Watch; recovery signal active
- Unmatched; coverage or recovery unconfirmed → Watch
- Watch → Unmatched; coverage or recovery unconfirmed
- Unmatched; coverage or recovery unconfirmed → Watch
- Watch → Unmatched; coverage or recovery unconfirmed
- Unmatched; coverage or recovery unconfirmed → Watch
- Watch; recovery signal active → Unmatched; coverage or recovery unconfirmed
Showing the latest 12 of 22 recorded events.
Absence from a captured list does not establish recovery. Historical tiers reflect the rules and data recorded at that time.
Around the worst days
What the news said when ACAD fell hardest.
News published within a day of its largest one-day drops points to a product or clinical-trial setback.
- -12.8%
- -6.8%
- -4.1%
A language model's reading of 11 headlines, taken . It classifies the news on those days; it does not explain the whole decline and is not a tier input. How this is produced.
Technical interpretation and signal details
The structural read
What price action says about ACAD.
ACAD qualifies for the Red List on decline depth — down -38.2% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause in the classification rules. Depth plus recency: this is the pattern many investors call a falling knife.
Cross-confirmation: decline sigma also reads 8.9σ over 20 bars.
Earnings on file: 2026-08-04. Earnings dates don't affect tiering.
Questions about ACAD
What people ask.
Why is ACAD on Broken Stocks?
ACAD qualifies for the Red List on decline depth. It is down -38.2% from its rolling 252-day high of $30.96, set on 2026-08-19 — 58d ago.
Is ACAD a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. ACAD is down -38.2% from its 52-week high of $30.96, set 58d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — the classification does not predict subsequent returns. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is ACAD a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is ACAD trading inside its 52-week range?
At $19.12, ACAD sits 0.0% of the way from its 52-week low ($19.69) to its 52-week high ($30.96). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has ACAD been declining?
The current 38.2% decline accrued over 58d, which annualizes to roughly -240.4% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does ACAD compare to its sector?
There are 408 other Healthcare tickers on Broken Stocks: 273 Red, 95 Amber, 40 Watch, with 178 showing recovering structural signals. Median sector decline is -37.5% — ACAD's decline is deeper than the sector median.
Does ACAD's earnings date affect its tier?
No. Tiering uses decline depth and recency, bearish time-frame structure, and decline sigma. The earnings date on file (2026-08-04) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.