ACHILLION PHARMACEUTICALS INC (ACHN) Stock Technical Analysis
NASDAQ:ACHN - Nasdaq -
We assign a technical rating of 9 out of 10 to ACHN. Both in the recent history as in the last year, ACHN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, ACHN did better than 98% of all other stocks. We also observe that the gains produced by ACHN over the past year are nicely spread over this period.
ACHN is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
In the last month ACHN has a been trading in the 6.00 - 7.01 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ACHN has an average volume of 4021650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ACHN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.25
6.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.02 to 6.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.30 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.56
Mansfield5.07
10 Day High7.02
10 Day Low6.05
20 Day High7.02
20 Day Low6
52 Week High7.02
52 Week Low2.06
Performance
1 Week9.21%
2 Weeks9.92%
1 Month10.1%
3 Month4.81%
6 Month50.89%
12 Month201.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)73.58
LBB5.89
UBB6.53
6.76
+0.63 (+10.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg10.28%
1 Week9.21%
2 Weeks9.92%
1 Month10.1%
3 Month4.81%
6 Month50.89%
12 Month201.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.78%
ATR Inc459.41%
Range Today0.26
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
CRS98.56
Mansfield5.07
10 Day High7.02
10 Day Low6.05
20 Day High7.02
20 Day Low6
52 Week High7.02
52 Week Low2.06
CS1 End6.22
CR1 StartN/A
Volume & EV
DER(3)-0.15%
DER(5)-0.21%
Volume105.65M
Volume Incr908.39%
Vol(5)23.09M
Vol(50)4.02M