ADICET BIO INC (ACET) Technical Analysis
NASDAQ:ACET • US0070022076
Current stock price
7.21 USD
+0.17 (+2.41%)
At close:
7.21 USD
0 (0%)
After Hours:
ACET Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ACET. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, ACET is a bad performer in the overall market: 87% of all stocks are doing better.
- ACET is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 67% are performing better than ACET.
- ACET 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 ACET is lagging the market.
- In the last month ACET has a been trading in the 6.50 - 8.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
7.14
16.03
We can see 4 important resistance areas.
- A resistance zone ranging from 7.24 to 7.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.62 to 7.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.69 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 | NEUTRAL | NEUTRAL | The short term trend for ACET is neutral. |
| ChartMill Relative Strength | 13.27 | NEGATIVE | ACET has a low relative strength, it was outperformed by 86.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ACET is below the rising 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) | 46.68 | NEUTRAL | The RSI value for ACET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ACET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.31 | NEUTRAL | The Stochastics value for ACET is a neutral value. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for ACET suggests high volalility. |
| Average Directional Index/ADX (14) | 7.81 | 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
7.21
+0.17 (+2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.41%
1 Week-1.1%
2 Weeks-0.55%
1 Month7.29%
3 Month-9.64%
6 Month-44.38%
12 Month-42.42%
2 Year-80.82%
3 Year-92.18%
5 Year-96.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%7.29%
ATR Inc19.01%
Range Today0.71
ADR(20)0.51
ADR(20)%7.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.27
3 months CRS29.19
6 months CRS10.19
Mansfield-3.41
10 Day High8.12
10 Day Low6.67
20 Day High8.12
20 Day Low6.5
52 Week High17.44
52 Week Low6.41
CS1 EndN/A
CR1 Start7.24
Volume & EV
DER(3)-2%
DER(5)0.67%
Volume146.30K
Volume Incr-20.9%
Vol(5)136.74K
Vol(50)175.45K
ADICET BIO INC / ACET TA FAQ
What is the technical rating for ACET stock?
ChartMill assigns a technical rating of 1 / 10 to ACET.
Can you provide the trend direction for ADICET BIO INC?
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 46.6777. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ADICET BIO INC?
The MACD indicator for ADICET BIO INC (ACET) has a value of 0.0292566, indicating a bearish trend.
What is the short term momentum for ADICET BIO INC (ACET) stock?
The short term momentum for ADICET BIO INC (ACET) is neutral.