ACADIA PHARMACEUTICALS INC (ACAD) Stock Technical Analysis
USA - NASDAQ:ACAD - US0042251084 - Common Stock
We assign a technical rating of 4 out of 10 to ACAD. Although ACAD 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.
Although the technical rating is only medium, ACAD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.04. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ACAD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
14.20
We found 3 important support areas.
- Support @20.54 from a trend line in the daily time frame.
- A support zone ranging from 20.06 to 20.06. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.04 to 22.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.50 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for ACAD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACAD is neutral. |
| ChartMill Relative Strength | 83.55 | POSITIVE | ACAD has a high relative strength, it outperformed 83.55% 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) | DOWN | NEGATIVE | The current price of ACAD is below 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) | 52.22 | 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) | 82.93 | OVERBOUGHT | The high Stochastics value suggests ACAD may be overbought. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for ACAD suggests some volalility. |
| Average Directional Index/ADX (14) | 28.85 | POSITIVE | The high ADX value value for ACAD suggests a strong trend. |
22.02
+0.29 (+1.33%)
ACADIA PHARMACEUTICALS INC / ACAD FAQ
What is the ChartMill technical rating of ACADIA PHARMACEUTICALS INC (ACAD) stock?
ChartMill assigns a technical rating of 4 / 10 to ACAD.
Can you provide the trend direction for ACADIA PHARMACEUTICALS INC?
The current trend direction for ACADIA PHARMACEUTICALS INC (ACAD) is Bearish.
Can you provide the RSI signal for ACADIA PHARMACEUTICALS INC?
ACADIA PHARMACEUTICALS INC (ACAD) has an RSI value of 52.2189. 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 0.243438, indicating a bearish trend.