ARDELYX INC (ARDX)

US0396971071 - Common Stock

6.86  +0.08 (+1.18%)

After market: 6.86 0 (0%)

Technical Rating and Analysis

3

Overall ARDX gets a technical rating of 3 out of 10. Although ARDX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month ARDX has a been trading in the 6.53 - 9.33 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ARDX is one of the better performing stocks in the Biotechnology industry, it outperforms 86% of 581 stocks in the same industry.
ARDX has an average volume of 5233440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that ARDX is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ARDX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARDX is lagging the market.
Weekly and Daily overview Charts
ARDX Weekly chart
ARDX Daily chart
Setup Rating and Analysis

3

The technical rating of ARDX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

3.24

9.34

We found 3 important support areas.

  • A support zone ranging from 6.30 to 6.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @4.76 from a trend line in the weekly time frame.
  • Support @3.27 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 7.26 to 7.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @8.38 from a trend line in the weekly time frame.
  • Resistance @9.25 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.33
Mansfield0.77
10 Day High8.06
10 Day Low6.53
20 Day High9.33
20 Day Low6.53
52 Week High10.13
52 Week Low3.16
Performance
1 Week-7.8%
2 Weeks-11.94%
1 Month1.03%
3 Month-26.55%
6 Month44.12%
12 Month94.89%
2 Year945.25%
3 Year-4.06%
5 Year151.28%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)42
LBB6.42
UBB8.44
ARDX Daily chart

ARDELYX INC

NASDAQ:ARDX (5/31/2024, 7:23:45 PM)

After market: 6.86 0 (0%)

6.86

+0.08 (+1.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.18%
1 Week-7.8%
2 Weeks-11.94%
1 Month1.03%
3 Month-26.55%
6 Month44.12%
12 Month94.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%7.41%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.06
10 Day Low6.53
20 Day High9.33
20 Day Low6.53
52 Week High10.13
52 Week Low3.16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.90M
Volume Incr-20.69%
Vol(5)4.46M
Vol(50)5.23M