ACHIEVE LIFE SCIENCES INC (ACHV) Stock Technical Analysis
USA - NASDAQ:ACHV - US0044685008 - Common Stock
4.2 USD
+1.12 (+36.36%)
4.0707 USD
-0.13 (-3.08%)
We assign a technical rating of 7 out of 10 to ACHV. In the last year, ACHV was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
In the last month ACHV has a been trading in the 2.77 - 4.44 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.
ACHV has an average volume of 1445220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, ACHV did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ACHV is part of the Biotechnology industry. There are 536 other stocks in this industry, ACHV did better than 64% of them.
ACHV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACHV is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ACHV has an excellent technical rating, it does not offer a high quality setup 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
2.15
4.26
4 important support areas can be observed.
- A support zone ranging from 3.09 to 3.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.79 from a horizontal line in the daily time frame.
- Support @2.44 from a trend line in the weekly time frame.
- Support @2.17 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.21 to 4.22. 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 ACHV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACHV is neutral. |
| ChartMill Relative Strength | 82.5 | POSITIVE | ACHV has a high relative strength, it outperformed 82.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACHV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACHV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACHV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.36 | OVERBOUGHT | The high RSI value suggests ACHV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ACHV has a positive trend. |
| Stochastics (14,3) | 50.25 | NEUTRAL | The Stochastics value for ACHV is a neutral value. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for ACHV suggests high volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for ACHV suggests a possible start of a new trend. |
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)
4.2
+1.12 (+36.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg36.36%
1 Week36.36%
2 Weeks33.33%
1 Month48.94%
3 Month56.72%
6 Month111.06%
12 Month-17.32%
2 Year4.48%
3 Year90.05%
5 Year-46.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%5.21%
ATR Inc394.33%
Range Today0.73
ADR(20)0.19
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.5
Mansfield1.97
10 Day High4.44
10 Day Low3.03
20 Day High4.44
20 Day Low2.77
52 Week High5.31
52 Week Low1.84
CS1 End3.11
CR1 Start4.21
Volume & EV
DER(3)2.14%
DER(5)5.22%
Volume15.97M
Volume Incr502.05%
Vol(5)4.49M
Vol(50)1.45M