ACADIA PHARMACEUTICALS INC (ACAD) Technical Analysis
NASDAQ:ACAD • US0042251084
Current stock price
ACAD Technical Rating and Analysis
Overall ACAD gets a technical rating of 3 out of 10. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- In the last month ACAD has a been trading in the 19.89 - 22.91 range, which is quite wide. It is currently trading near the high of this range.
- ACAD has an average volume of 1778920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, ACAD did better than 75% of all other stocks. However, we also see that ACAD couldn't keep up this performance in the last couple of months.
- ACAD is an average performer in the Biotechnology industry, it outperforms 54% of 517 stocks in the same industry.
- ACAD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACAD is lagging the market slightly.
ACAD Weekly and Daily overview Charts
ACAD Setup Rating and Analysis
Although the technical rating is bad, ACAD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 22.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.80, a Stop Loss order could be placed below this zone.
More info and screens
ACAD Support and Resistance Analysis
19.86
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.47 to 21.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @21.11 from a trend line in the weekly time frame.
- A support zone ranging from 20.06 to 20.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 22.33 to 22.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.44 from a horizontal line in the daily time frame.
ACAD Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for ACAD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACAD is neutral. |
| ChartMill Relative Strength | 75.3 | POSITIVE | ACAD has a high relative strength, it outperformed 75.3% 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) | DOWN | NEGATIVE | The current price of ACAD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.92 | NEUTRAL | The RSI value for ACAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests ACAD has a positive trend. |
| Stochastics (14,3) | 79.67 | NEUTRAL | The Stochastics value for ACAD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for ACAD suggests some volalility. |
| Average Directional Index/ADX (14) | 21.36 | NEUTRAL | The ADX value for ACAD suggests a possible start of a new trend. |
ACAD Chart- and CandleStick Pattern Analysis
ACAD Technicals: Chart, Performance Metrics, Trend & Indicators
22.32
+0.12 (+0.54%)
ACADIA PHARMACEUTICALS INC / ACAD TA FAQ
What is the technical rating for ACAD stock?
ChartMill assigns a technical rating of 3 / 10 to ACAD.
What is the current trend direction of ACADIA PHARMACEUTICALS INC (ACAD) stock?
The current trend direction for ACADIA PHARMACEUTICALS INC (ACAD) is Bearish.
What is the RSI signal for ACAD stock?
ACADIA PHARMACEUTICALS INC (ACAD) has an RSI value of 51.924. This indicates that the stock is currently neutral.
What is the short term momentum for ACAD stock?
The short term momentum for ACADIA PHARMACEUTICALS INC (ACAD) is neutral.