ACADIA PHARMACEUTICALS INC (ACAD) Stock Technical Analysis
NASDAQ:ACAD - Nasdaq - US0042251084 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ACAD. Both in the recent history as in the last year, ACAD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
ACAD is part of the Biotechnology industry. There are 556 other stocks in this industry. ACAD outperforms 83% of them.
ACAD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACAD is lagging the market slightly.
In the last month ACAD has a been trading in the 20.75 - 23.60 range, which is quite wide. It is currently trading near the high of this range.
ACAD has an average volume of 2210510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ACAD is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
ACAD has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
14.15
23.50
2 important support areas can be observed.
- A support zone ranging from 20.88 to 21.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.29 to 14.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.26 to 23.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ACAD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACAD is up. |
| ChartMill Relative Strength | 89.55 | POSITIVE | ACAD has a high relative strength, it outperformed 89.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACAD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACAD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACAD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.39 | NEUTRAL | The RSI value for ACAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ACAD has a positive trend. |
| Stochastics (14,3) | 88.96 | OVERBOUGHT | The high Stochastics value suggests ACAD may be overbought. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for ACAD suggests some volalility. |
| Average Directional Index/ADX (14) | 27.75 | POSITIVE | The high ADX value value for ACAD suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.28 | 20.86 | 2.42 (10.40%) | 9.62% |
| An entry @23.28. This is a Buy Stop order right above the resistance zone. | An exit @20.86. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.42 points, which is 10.40%. | When investing 9.62% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
23.25
+0.2 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.87%
1 Week3.06%
2 Weeks10.82%
1 Month4.68%
3 Month57.84%
6 Month24.53%
12 Month21.47%
2 Year-20.49%
3 Year58.27%
5 Year-44.07%
10 Year-52.37%
15 Year1805.74%
Volatility
ATR(14)0.7
ATR(20)%3.04%
ATR Inc0.21%
Range Today0.54
ADR(20)0.71
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.55
Mansfield1.91
10 Day High23.6
10 Day Low20.87
20 Day High23.6
20 Day Low20.75
52 Week High25.23
52 Week Low13.4
CS1 End21.05
CR1 Start23.26
Volume & EV
DER(3)2.54%
DER(5)3.49%
Volume931.69K
Volume Incr-47.52%
Vol(5)1.12M
Vol(50)2.21M