ACHIEVE LIFE SCIENCES INC (ACHV) Stock Technical Analysis
NASDAQ:ACHV - Nasdaq - US0044685008 - Common Stock - Currency: USD
Taking everything into account, ACHV scores 0 out of 10 in our technical rating. ACHV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ACHV is a bad performer in the overall market: 92% of all stocks are doing better.
ACHV is one of the lesser performing stocks in the Biotechnology industry. 63% of 560 stocks in the same industry do better.
ACHV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ACHV has a been trading in the 2.00 - 3.90 range, which is quite wide. It is currently trading near the lows of this range.
ACHV 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
2.04
4.44
When analyzing the support we notice one important area.
- Support @2.06 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @2.38 from a horizontal line in the daily time frame.
- Resistance @3.47 from a trend line in the daily time frame.
- Resistance @3.64 from a trend line in the weekly time frame.
- Resistance @4.04 from a trend line in the daily time frame.
- Resistance @4.40 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 | DOWN | NEGATIVE | The long term trend for ACHV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACHV is down. |
| ChartMill Relative Strength | 8.12 | NEGATIVE | ACHV has a low relative strength, it was outperformed by 91.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACHV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACHV is below a declining 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) | 39.23 | NEUTRAL | The RSI value for ACHV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ACHV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.89 | OVERSOLD | The low Stochastics value suggests ACHV may be oversold. |
| Average True Range in percent/ATR (20) | 12.47 | HIGH VOLATILITY | The high ATR as a percentage value for ACHV suggests high volalility. |
| Average Directional Index/ADX (14) | 28.98 | 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)
2.32
-0.01 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.43%
1 Week6.42%
2 Weeks-33.9%
1 Month-35.01%
3 Month6.42%
6 Month-31.36%
12 Month-51.97%
2 Year-58.57%
3 Year-54.06%
5 Year-82.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%12.47%
ATR Inc-73.16%
Range Today0.08
ADR(20)0.24
ADR(20)%10.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.12
Mansfield-4.1
10 Day High2.65
10 Day Low2
20 Day High3.9
20 Day Low2
52 Week High5.31
52 Week Low1.84
CS1 End2.06
CR1 Start2.38
Volume & EV
DER(3)3.17%
DER(5)2.02%
Volume355.50K
Volume Incr-24.43%
Vol(5)901.62K
Vol(50)709.42K