ACER THERAPEUTICS INC (ACER) Stock Technical Analysis
NASDAQ:ACER - Nasdaq - US00444P1084 - Common Stock - Currency: USD
Overall ACER gets a technical rating of 6 out of 10. In the past year, ACER was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
ACER is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ACER is lagging the market.
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 short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, ACER turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
ACER is an average performer in the Pharmaceuticals industry, it outperforms 66% of 195 stocks in the same industry.
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
0.92
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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%. | When investing 9.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.41%
1 Week6.17%
2 Weeks8.95%
1 Month20%
3 Month24.95%
6 Month18.11%
12 Month-26.83%
2 Year-57.14%
3 Year-66.54%
5 Year-96.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.43%
ATR Inc18.75%
Range Today0.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.09
Mansfield-3.55
10 Day High0.92
10 Day Low0.8
20 Day High0.92
20 Day Low0.72
52 Week High4.56
52 Week Low0.55
CS1 End0.87
CR1 Start0.91
Volume & EV
DER(3)-14.24%
DER(5)-12.74%
Volume424.00K
Volume Incr189.28%
Vol(5)230.80K
Vol(50)2.96M