ADICET BIO INC (ACET) Stock Technical Analysis
USA - NASDAQ:ACET - US0070021086 - Common Stock
Overall ACET gets a technical rating of 0 out of 10. ACET's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ACET is bad and it also does not present a quality setup 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
0.63
We can see 5 important resistance areas.
- A resistance zone ranging from 0.75 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.91 from a trend line in the weekly time frame.
- Resistance @0.96 from a trend line in the weekly time frame.
- Resistance @0.99 from a horizontal line in the weekly time frame.
- Resistance @1.03 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for ACET is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACET is down. |
| ChartMill Relative Strength | 12.19 | NEGATIVE | ACET has a low relative strength, it was outperformed by 87.81% 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) | 30.82 | NEUTRAL | The RSI value for ACET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ACET has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.55 | OVERSOLD | The low Stochastics value suggests ACET may be oversold. |
| Average True Range in percent/ATR (20) | 12.78 | HIGH VOLATILITY | The high ATR as a percentage value for ACET suggests high volalility. |
| Average Directional Index/ADX (14) | 26.13 | POSITIVE | The high ADX value value for ACET suggests a strong trend. |
0.6396
-0.04 (-5.5%)
ADICET BIO INC / ACET FAQ
What is the technical rating for ACET stock?
ChartMill assigns a technical rating of 0 / 10 to ACET.
What is the current trend direction of ADICET BIO INC (ACET) stock?
The current trend direction for ADICET BIO INC (ACET) is Bearish.
Can you provide the RSI signal for ADICET BIO INC?
ADICET BIO INC (ACET) has an RSI value of 30.8241. This indicates that the stock is currently neutral.
What is the short term momentum for ACET stock?
The short term momentum for ADICET BIO INC (ACET) is negative.
What is the support and resistance level for ACET stock?
ADICET BIO INC (ACET) has a resistance level at 0.75. Check the full technical report for our detailed analysis of ACET support and resistance levels.