We assign a technical rating of 3 out of 10 to ACFN. In the past year, ACFN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of ACFN 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.
14.68
We found 2 important support areas.
We found 1 important resistance area.
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 ACFN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACFN is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ACFN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACFN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ACFN is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 63.04 | NEUTRAL | The RSI value for ACFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests ACFN has a positive trend. |
| Stochastics (14,3) | 74.85 | NEUTRAL | The Stochastics value for ACFN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.52 | HIGH VOLATILITY | The high ATR as a percentage value for ACFN suggests high volalility. |
| Average Directional Index/ADX (14) | 22.06 | NEUTRAL | The ADX value for ACFN suggests a possible start of a new trend. |
NASDAQ:ACFN (1/7/2026, 6:40:09 PM)
19.44
+2.1 (+12.11%)
ChartMill assigns a technical rating of 3 / 10 to ACFN.
The current trend direction for ACORN ENERGY INC (ACFN) is Bearish.
ACORN ENERGY INC (ACFN) has an RSI value of 63.0431. This indicates that the stock is currently neutral.
The short term momentum for ACORN ENERGY INC (ACFN) is positive.
ACORN ENERGY INC (ACFN) has a support level at 15.35 and a resistance level at 19.45. Check the full technical report for our detailed analysis of ACFN support and resistance levels.