ACORN ENERGY INC (ACFN) Technical Analysis

NASDAQ:ACFN • US0048482063

Current stock price

18.37 USD
+0.2 (+1.1%)
Last:

ACFN Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to ACFN. Although ACFN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • When comparing the yearly performance of all stocks, ACFN is a bad performer in the overall market: 100% of all stocks are doing better.
  • ACFN is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 93% are performing better than ACFN.
  • Warning: ACFN has an average volume of 22182 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
  • In the last month ACFN has a been trading in the 16.00 - 19.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
  • Considerably lower volume is observed in the last couple of days.

ACFN Weekly and Daily overview Charts

ACORN ENERGY INC / ACFN Weekly stock chart
ACORN ENERGY INC / ACFN Daily stock chart

ACFN Setup Rating and Analysis

5

ACFN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.28, a Stop Loss order could be placed below this zone.

ACFN Support and Resistance Analysis

15.84

21.28

We found 4 important support areas.

  • A support zone ranging from 17.89 to 18.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @17.20 from a horizontal line in the weekly time frame.
  • Support @16.63 from a trend line in the daily time frame.
  • A support zone ranging from 16.00 to 16.17. This zone is formed by a combination of multiple trend lines in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 18.73 to 18.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @19.54 from a horizontal line in the daily time frame.
  • Resistance @20.34 from a trend line in the daily time frame.
  • A resistance zone ranging from 20.97 to 21.07. This zone is formed by a combination of multiple trend lines in the weekly time frame.

ACFN 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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ACFN is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ACFN is neutral.
ChartMill Relative Strength0NEGATIVEACFN has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ACFN is above the rising SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of ACFN is below the rising SMA(50).
Relative Strength Index/RSI (14)49.48NEUTRALThe RSI value for ACFN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.09POSITIVEThe MACD value suggests ACFN has a positive trend, although the MACD value is declining.
Stochastics (14,3)63.9NEUTRALThe Stochastics value for ACFN is a neutral value.
Average True Range in percent/ATR (20)5.83HIGH VOLATILITYThe high ATR as a percentage value for ACFN suggests high volalility.
Average Directional Index/ADX (14)14.09NEGATIVEThe low ADX value for ACFN suggests a weak or negative trend.

ACFN 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)

ACFN Technicals: Chart, Performance Metrics, Trend & Indicators

ACORN ENERGY INC / ACFN Daily stock chart

ACORN ENERGY INC

NASDAQ:ACFN (4/20/2026, 8:00:00 PM)

18.37

+0.2 (+1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.1%
1 Week-5.99%
2 Weeks4.14%
1 Month1.38%
3 Month-1.61%
6 Month-28.13%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%5.83%
ATR Inc-44.94%
Range Today0.84
ADR(20)1.04
ADR(20)%5.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRS37.6
6 months CRS16.24
Mansfield-30
10 Day High19.73
10 Day Low16.09
20 Day High19.73
20 Day Low16
52 Week HighN/A
52 Week LowN/A
CS1 End18.28
CR1 Start18.73
Volume & EV
DER(3)-2.32%
DER(5)-0.42%
Volume5.00K
Volume Incr-79.4%
Vol(5)4.40K
Vol(50)22.18K

ACORN ENERGY INC / ACFN TA FAQ

Can you provide the ChartMill technical rating for ACORN ENERGY INC?

ChartMill assigns a technical rating of 5 / 10 to ACFN.


What is the current trend direction of ACORN ENERGY INC (ACFN) stock?

The current trend direction for ACORN ENERGY INC (ACFN) is Bullish.


Can you provide the RSI signal for ACORN ENERGY INC?

ACORN ENERGY INC (ACFN) has an RSI value of 49.4847. This indicates that the stock is currently neutral.


What is the MACD signal for ACORN ENERGY INC (ACFN) stock?

The MACD indicator for ACORN ENERGY INC (ACFN) has a value of 0.0899196, indicating a bearish trend.