We assign a technical rating of 10 out of 10 to ACAD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACAD is showing a nice and steady performance.
Although ACAD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.15 to 24.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.32 to 23.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.71 to 21.75. 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.
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 | 90.08 | POSITIVE | ACAD has a high relative strength, it outperformed 90.08% 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) | 76.25 | OVERBOUGHT | The high RSI value suggests ACAD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests ACAD has a positive trend. |
| Stochastics (14,3) | 94.66 | OVERBOUGHT | The high Stochastics value suggests ACAD may be overbought. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for ACAD suggests some volalility. |
| Average Directional Index/ADX (14) | 40.69 | POSITIVE | The high ADX value value for ACAD suggests a strong trend. |
27.44
+0.89 (+3.35%)
ACADIA PHARMACEUTICALS INC / ACAD FAQ
What is the ChartMill technical rating of ACADIA PHARMACEUTICALS INC (ACAD) stock?
ChartMill assigns a technical rating of 10 / 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 76.2542. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ACADIA PHARMACEUTICALS INC?
The MACD indicator for ACADIA PHARMACEUTICALS INC (ACAD) has a value of 0.307911, 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.