ACHIEVE LIFE SCIENCES INC (ACHV) Stock Technical Analysis
NASDAQ:ACHV - Nasdaq - US0044685008 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to ACHV. ACHV has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, ACHV is a bad performer in the overall market: 76% of all stocks are doing better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ACHV is an average performer in the Biotechnology industry, it outperforms 64% of 559 stocks in the same industry.
ACHV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACHV is lagging the market slightly.
In the last month ACHV has a been trading in the 2.68 - 4.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ACHV has an average technical rating and it also does not offer a high 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.
More info and screens
2.90
4.50
2 important support areas can be observed.
- A support zone ranging from 3.24 to 3.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.93 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @4.16 from a trend line in the daily time frame.
- Resistance @4.46 from a trend line in the weekly 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 ACHV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACHV is neutral. |
| ChartMill Relative Strength | 24.89 | NEGATIVE | ACHV has a low relative strength, it was outperformed by 75.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ACHV is below 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) | DOWN | NEGATIVE | The current price of ACHV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.47 | NEUTRAL | The RSI value for ACHV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ACHV has a negative trend. |
| Stochastics (14,3) | 31.45 | NEUTRAL | The Stochastics value for ACHV is a neutral value. |
| Average True Range in percent/ATR (20) | 9.27 | HIGH VOLATILITY | The high ATR as a percentage value for ACHV suggests high volalility. |
| Average Directional Index/ADX (14) | 32.11 | POSITIVE | The high ADX value value for ACHV suggests a strong 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)
3.25
-0.07 (-2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.11%
1 Week-15.14%
2 Weeks-9.22%
1 Month19.05%
3 Month17.75%
6 Month-20.73%
12 Month-33.67%
2 Year-37.38%
3 Year-33.4%
5 Year-59.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%9.27%
ATR Inc-17.21%
Range Today0.18
ADR(20)0.3
ADR(20)%9.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.89
Mansfield-1.82
10 Day High4.3
10 Day Low3.17
20 Day High4.3
20 Day Low2.68
52 Week High5.31
52 Week Low1.84
CS1 End3.24
CR1 Start4.16
Volume & EV
DER(3)-1.44%
DER(5)-0.35%
Volume256.50K
Volume Incr-30.21%
Vol(5)232.28K
Vol(50)262.65K