ACCOLADE INC (ACCD) Technical Analysis
NASDAQ:ACCD • US00437E1029
Current stock price
ACCD Technical Rating and Analysis
Overall ACCD gets a technical rating of 8 out of 10. Although ACCD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- ACCD has an average volume of 1421620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, ACCD turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
- ACCD is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, ACCD did better than 58% of them.
- ACCD 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 ACCD is lagging the market slightly.
- In the last month ACCD has a been trading in a tight range between 6.96 and 7.03.
ACCD Weekly and Daily overview Charts
ACCD Setup Rating and Analysis
Although ACCD has an excellent technical rating, the quality of the presented setup is not ideal 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
ACCD Support and Resistance Analysis
3.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.86 to 7.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.79 from a trend line in the weekly time frame.
- Support @3.63 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.04 to 7.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
ACCD 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 | UP | POSITIVE | The long term trend for ACCD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACCD is up. |
| ChartMill Relative Strength | 44.41 | NEUTRAL | ACCD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACCD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACCD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACCD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.7 | OVERBOUGHT | The high RSI value suggests ACCD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ACCD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85 | OVERBOUGHT | The high Stochastics value suggests ACCD may be overbought. |
| Average True Range in percent/ATR (20) | 0.26 | LOW VOLATILITY | The low ATR as a percentage value for ACCD suggests low volalility. |
| Average Directional Index/ADX (14) | 59.75 | POSITIVE | The high ADX value value for ACCD suggests a strong trend. |
ACCD Chart- and CandleStick Pattern Analysis
ACCD Example Setup
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 |
|---|---|---|---|
| 7.05 | 6.97 | 0.08 (1.13%) | 25.00% |
| An entry @7.05. This is a Buy Stop order right above the resistance zone. | An exit @6.97. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.08 points, which is 1.13%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
- 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.
ACCD Technicals: Chart, Performance Metrics, Trend & Indicators
7.02
-0.01 (-0.14%)
ACCOLADE INC / ACCD TA FAQ
What is the technical rating for ACCD stock?
ChartMill assigns a technical rating of 8 / 10 to ACCD.
What is the trend direction for ACCD stock?
The current trend direction for ACCOLADE INC (ACCD) is Bullish.
What is the RSI signal for ACCD stock?
ACCOLADE INC (ACCD) has an RSI value of 70.6984. This indicates that the stock is currently overbought.
What is the MACD signal for ACCOLADE INC (ACCD) stock?
The MACD indicator for ACCOLADE INC (ACCD) has a value of -0.0140743, indicating a bearish trend.
What is the buy/sell signal for ACCD stock?
The buy/sell signal for ACCOLADE INC (ACCD) is buy as both the short term and long term trends are positive.