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ACERAGEN INC (ACGN) Stock Technical Analysis

NASDAQ:ACGN - Nasdaq - US00445F1093 - Common Stock - Currency: USD

0.38  -0.06 (-13.83%)

After market: 0.395 +0.02 (+3.95%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ACGN. ACGN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than ACGN.
ACGN is part of the Biotechnology industry. There are 555 other stocks in this industry, of which 92% are performing better than ACGN.
ACGN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ACGN has a been trading in the 0.36 - 1.00 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.
Weekly and Daily overview Charts
ACERAGEN INC / ACGN Weekly stock chart
ACERAGEN INC / ACGN Daily stock chart
Setup Rating and Analysis

3

The technical rating of ACGN 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.

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 IndicatorDOWNNEGATIVEThe long term trend for ACGN is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ACGN is down.
ChartMill Relative Strength0NEGATIVEACGN has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ACGN is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ACGN is below a declining SMA(50).
Relative Strength Index/RSI (14)26.21OVERSOLDThe low RSI value suggests ACGN may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests ACGN has a positive trend.
Stochastics (14,3)10.94OVERSOLDThe low Stochastics value suggests ACGN may be oversold.
Average True Range in percent/ATR (20)29.9HIGH VOLATILITYThe high ATR as a percentage value for ACGN suggests high volalility.
Average Directional Index/ADX (14)36.09POSITIVEThe high ADX value value for ACGN suggests a strong trend.
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)
ACERAGEN INC / ACGN Daily stock chart

ACERAGEN INC

NASDAQ:ACGN (8/21/2023, 8:21:21 PM)

After market: 0.395 +0.02 (+3.95%)

0.38

-0.06 (-13.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-13.83%
1 Week-10.38%
2 Weeks-22.45%
1 Month-48.99%
3 Month-76.54%
6 Month-91.57%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%29.9%
ATR Inc-11.43%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.68
10 Day Low0.36
20 Day High1
20 Day Low0.36
52 Week High8.45
52 Week Low0.36
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-12.39%
DER(5)-11.59%
Volume53.00K
Volume Incr-66.52%
Vol(5)79.90K
Vol(50)110.30K