Overall ACFN gets a technical rating of 2 out of 10. ACFN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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. 94% of 123 stocks in the same industry do better.
- In the last month ACFN has a been trading in the 15.50 - 21.50 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Considerably lower volume is observed in the last couple of days.
ACFN has a poor technical rating and the quality of the setup is also only medium 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
15.84
When analyzing the support we notice one important area.
- Support @16.00 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 18.28 to 18.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @18.90 from a trend line in the weekly time frame.
- Resistance @19.29 from a trend line in the daily time frame.
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 | 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) | DOWN | NEGATIVE | The current price of ACFN is below a declining 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) | 42.22 | NEUTRAL | The RSI value for ACFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests ACFN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.19 | OVERSOLD | The low Stochastics value suggests ACFN may be oversold. |
| Average True Range in percent/ATR (20) | 7.82 | HIGH VOLATILITY | The high ATR as a percentage value for ACFN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.47 | NEUTRAL | The ADX value for ACFN suggests a possible start of a new trend. |
NASDAQ:ACFN (2/6/2026, 8:16:43 PM)
16.42
+0.42 (+2.63%)
ACORN ENERGY INC / ACFN FAQ
Can you provide the ChartMill technical rating for ACORN ENERGY INC?
ChartMill assigns a technical rating of 2 / 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 42.2212. 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 16 and a resistance level at 18.28. Check the full technical report for our detailed analysis of ACFN support and resistance levels.