ACADIA PHARMACEUTICALS INC (ACAD) Stock Technical Analysis
USA - NASDAQ:ACAD - US0042251084 - Common Stock
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.
Besides having an excellent technical rating, ACAD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 22.85, a Stop Loss order could be placed below this zone.
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14.20
4 important support areas can be observed.
- A support zone ranging from 22.15 to 22.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.65 to 21.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 21.11 to 21.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.34 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @25.31 from a trend line in the weekly time frame.
- Resistance @25.99 from a horizontal line in the weekly time frame.
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 | 83.32 | POSITIVE | ACAD has a high relative strength, it outperformed 83.32% 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) | DOWN | MIXED | The current price of ACAD is above a declining 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) | 61.22 | NEUTRAL | The RSI value for ACAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ACAD has a positive trend. |
| Stochastics (14,3) | 87.73 | OVERBOUGHT | The high Stochastics value suggests ACAD may be overbought. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for ACAD suggests some volalility. |
| Average Directional Index/ADX (14) | 27.43 | POSITIVE | The high ADX value value for ACAD suggests a strong trend. |
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 |
|---|---|---|---|
| 25.32 | 22.14 | 3.18 (12.56%) | 7.96% |
| An entry @25.32. This is a Buy Stop order right above the resistance zone. | An exit @22.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.18 points, which is 12.56%. | When investing 7.96% 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.
24.02
+0.38 (+1.61%)
ACADIA PHARMACEUTICALS INC / ACAD FAQ
What is the ChartMill technical rating of ACADIA PHARMACEUTICALS INC (ACAD) stock?
ChartMill assigns a technical rating of 9 / 10 to ACAD.
Can you provide the trend direction for ACADIA PHARMACEUTICALS INC?
The current trend direction for ACADIA PHARMACEUTICALS INC (ACAD) is Bullish.
Can you provide the RSI signal for ACADIA PHARMACEUTICALS INC?
ACADIA PHARMACEUTICALS INC (ACAD) has an RSI value of 61.2193. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ACADIA PHARMACEUTICALS INC?
The MACD indicator for ACADIA PHARMACEUTICALS INC (ACAD) has a value of 0.240418, indicating a bearish trend.
What is the buy/sell signal for ACADIA PHARMACEUTICALS INC (ACAD) stock?
The buy/sell signal for ACADIA PHARMACEUTICALS INC (ACAD) is buy as both the short term and long term trends are positive.