ADICET BIO INC (ACET) Technical Analysis
NASDAQ:ACET • US0070022076
Current stock price
ACET Technical Rating and Analysis
Overall ACET gets a technical rating of 0 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ACET is a bad performer in the overall market: 89% of all stocks are doing better.
- ACET is one of the lesser performing stocks in the Biotechnology industry. 71% of 517 stocks in the same industry do better.
- 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 6.01 - 8.12 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
ACET Weekly and Daily overview Charts
ACET Setup Rating and Analysis
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
ACET Support and Resistance Analysis
6.74
We can see 5 important resistance areas.
- A resistance zone ranging from 6.95 to 7.04. 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 7.30 to 7.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.62 from a horizontal line in the daily time frame.
- Resistance @12.24 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 | 11.05 | NEGATIVE | ACET has a low relative strength, it was outperformed by 88.95% 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) | 46.6 | NEUTRAL | The RSI value for ACET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ACET has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.84 | OVERSOLD | The low Stochastics value suggests ACET may be oversold. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for ACET suggests high volalility. |
| Average Directional Index/ADX (14) | 9.55 | NEGATIVE | The low ADX value for ACET suggests a weak or negative trend. |
ACET Chart- and CandleStick Pattern Analysis
ACET Technicals: Chart, Performance Metrics, Trend & Indicators
6.81
+0.7 (+11.46%)
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 46.6034. 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 -0.0426699, 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 6.95. Check the full technical report for our detailed analysis of ACET support and resistance levels.