ACER THERAPEUTICS INC (ACER) Stock Technical Analysis
NASDAQ:ACER • US00444P1084
Overall ACER gets a technical rating of 6 out of 10. ACER has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- ACER is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month ACER has a been trading in the 0.72 - 0.92 range, which is quite wide. It is currently trading near the high of this range.
- ACER has an average volume of 2964710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When compared to the yearly performance of all other stocks, ACER outperforms 51% of them, which is more or less in line with the market.
- ACER is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, ACER did better than 53% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ACER has an average technical rating and also the quality of the setup is only medium 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
0.82
We found 1 important support area.
- A support zone ranging from 0.83 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ACER is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACER is up. |
| ChartMill Relative Strength | 51.09 | NEUTRAL | ACER is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACER is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACER is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACER is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.82 | NEUTRAL | The RSI value for ACER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ACER has a positive trend. |
| Stochastics (14,3) | 72.79 | NEUTRAL | The Stochastics value for ACER is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for ACER suggests high volalility. |
| Average Directional Index/ADX (14) | 36.81 | POSITIVE | The high ADX value value for ACER 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 |
|---|---|---|---|
| 0.92 | 0.82 | 0.10 (10.87%) | 9.20% |
| An entry @0.92. This is a Buy Stop order right above the resistance zone. | An exit @0.82. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.10 points, which is 10.87%. | For a 1.00% total portfolio risk, you can invest 9.20% of your capital in this trade. |
- 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.
0.9
+0.03 (+3.41%)
ACER THERAPEUTICS INC / ACER FAQ
Can you provide the ChartMill technical rating for ACER THERAPEUTICS INC?
ChartMill assigns a technical rating of 6 / 10 to ACER.
What is the current trend direction of ACER THERAPEUTICS INC (ACER) stock?
The current trend direction for ACER THERAPEUTICS INC (ACER) is Bearish.
What is the RSI signal for ACER stock?
ACER THERAPEUTICS INC (ACER) has an RSI value of 64.8193. This indicates that the stock is currently neutral.
What is the MACD signal for ACER stock?
The MACD indicator for ACER THERAPEUTICS INC (ACER) has a value of 0.00678159, indicating a bearish trend.
Can you provide the short term momentum for ACER THERAPEUTICS INC?
The short term momentum for ACER THERAPEUTICS INC (ACER) is positive.