We assign a technical rating of 3 out of 10 to ACFN. Recently some decent action could be observed, but in the medium term time frame this is still negative. ACFN was also a bad performer in the overall market in the last year.
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.
More info and screens
14.68
When analyzing the support we can see 2 important areas.
- Support @15.52 from a trend line in the daily time frame.
- Support @14.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.98 to 20.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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) | 67.33 | NEUTRAL | The RSI value for ACFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests ACFN has a positive trend. |
| Stochastics (14,3) | 92.44 | OVERBOUGHT | The high Stochastics value suggests ACFN may be overbought. |
| Average True Range in percent/ATR (20) | 8.1 | HIGH VOLATILITY | The high ATR as a percentage value for ACFN suggests high volalility. |
| Average Directional Index/ADX (14) | 26.38 | POSITIVE | The high ADX value value for ACFN suggests a strong trend. |
NASDAQ:ACFN (1/9/2026, 8:00:00 PM)
20.97
+0.16 (+0.77%)
ACORN ENERGY INC / ACFN FAQ
Can you provide the ChartMill technical rating for ACORN ENERGY INC?
ChartMill assigns a technical rating of 3 / 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 Bearish.
What is the RSI signal for ACORN ENERGY INC (ACFN) stock?
ACORN ENERGY INC (ACFN) has an RSI value of 67.3267. This indicates that the stock is currently neutral.
What is the short term momentum for ACFN stock?
The short term momentum for ACORN ENERGY INC (ACFN) is positive.
What are the support and resistance levels for ACORN ENERGY INC (ACFN) stock?
ACORN ENERGY INC (ACFN) has a support level at 15.52 and a resistance level at 20.98. Check the full technical report for our detailed analysis of ACFN support and resistance levels.