ACORN ENERGY INC (ACFN) Technical Analysis
NASDAQ:ACFN • US0048482063
Current stock price
ACFN Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to ACFN. In the last year, ACFN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 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 one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 92% of 124 stocks in the same industry do better.
- Warning: ACFN has an average volume of 29806 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 16.74 - 23.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ACFN Weekly and Daily overview Charts
ACFN Setup Rating and Analysis
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 19.56, a Stop Loss order could be placed below this zone.
More info and screens
ACFN Support and Resistance Analysis
17.54
We found 2 important support areas.
- Support @18.32 from a horizontal line in the daily time frame.
- Support @17.72 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 18.74 to 19.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- Resistance @21.98 from a trend line in the daily time frame.
- Resistance @22.76 from a horizontal line in the daily 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ACFN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACFN is neutral. |
| 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 | MIXED | The current price of ACFN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACFN is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.92 | NEUTRAL | The RSI value for ACFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ACFN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.31 | NEUTRAL | The Stochastics value for ACFN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for ACFN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.04 | NEGATIVE | The low ADX value for ACFN suggests a weak or negative trend. |
ACFN Chart- and CandleStick Pattern Analysis
ACFN Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ACFN (3/18/2026, 4:00:00 PM)
18.65
-1.59 (-7.86%)
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.
What is the RSI signal for ACORN ENERGY INC (ACFN) stock?
ACORN ENERGY INC (ACFN) has an RSI value of 53.9173. 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 neutral.
What are the support and resistance levels for ACORN ENERGY INC (ACFN) stock?
ACORN ENERGY INC (ACFN) has a support level at 19.56 and a resistance level at 20.97. Check the full technical report for our detailed analysis of ACFN support and resistance levels.