ADICET BIO INC (ACET) Technical Analysis
NASDAQ:ACET • US0070022076
Current stock price
6.35 USD
-0.41 (-6.07%)
At close:
6.78 USD
+0.43 (+6.77%)
After Hours:
ACET Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ACET. ACET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ACET is a bad performer in the overall market: 88% of all stocks are doing better.
- ACET is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 70% are performing better than ACET.
- ACET 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.
- In the last month ACET has a been trading in the 6.01 - 7.45 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
ACET Weekly and Daily overview Charts
ACET Setup Rating and Analysis
ACET has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
ACET Support and Resistance Analysis
6.29
16.03
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 6.66 to 6.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.00 to 7.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.26 to 7.30. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @11.94 from a trend line in the weekly time frame.
- Resistance @15.87 from a horizontal line in the weekly time frame.
ACET 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 ACET is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACET is down. |
| ChartMill Relative Strength | 12.75 | NEGATIVE | ACET has a low relative strength, it was outperformed by 87.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACET is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACET is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACET is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.17 | NEUTRAL | The RSI value for ACET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ACET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.32 | NEUTRAL | The Stochastics value for ACET is a neutral value. |
| Average True Range in percent/ATR (20) | 6.02 | HIGH VOLATILITY | The high ATR as a percentage value for ACET suggests high volalility. |
| Average Directional Index/ADX (14) | 12.26 | NEGATIVE | The low ADX value for ACET suggests a weak or negative trend. |
ACET Chart- and CandleStick Pattern Analysis
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)
ACET Technicals: Chart, Performance Metrics, Trend & Indicators
6.35
-0.41 (-6.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.07%
1 Week-7.97%
2 Weeks-1.85%
1 Month-11.93%
3 Month-23.31%
6 Month-59.91%
12 Month-24.52%
2 Year-73.36%
3 Year-93.2%
5 Year-97.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%6.02%
ATR Inc18.3%
Range Today0.62
ADR(20)0.36
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.75
3 months CRS15.45
6 months CRS6.42
Mansfield-4.07
10 Day High7.09
10 Day Low6.01
20 Day High7.45
20 Day Low6.01
52 Week High17.44
52 Week Low6.01
CS1 EndN/A
CR1 Start6.66
Volume & EV
DER(3)-4.26%
DER(5)-3.69%
Volume202.40K
Volume Incr71.14%
Vol(5)191.74K
Vol(50)149.45K
ADICET BIO INC / ACET TA FAQ
What is the technical rating for ACET stock?
ChartMill assigns a technical rating of 0 / 10 to ACET.
Can you provide the trend direction for ADICET BIO INC?
The current trend direction for ADICET BIO INC (ACET) is Bearish.
What is the RSI signal for ACET stock?
ADICET BIO INC (ACET) has an RSI value of 41.1709. This indicates that the stock is currently neutral.
What is the MACD signal for ACET stock?
The MACD indicator for ADICET BIO INC (ACET) has a value of 0.00324368, indicating a bearish trend.
Can you provide the support and resistance levels for ADICET BIO INC?
ADICET BIO INC (ACET) has a resistance level at 6.66. Check the full technical report for our detailed analysis of ACET support and resistance levels.