ACLS Technical Analysis - AXCELIS TECHNOLOGIES INC

Technical Rating and Analysis

Overall ACLS gets a technical rating of 8 out of 10. Although ACLS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.

ACLS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACLS is lagging the market slightly.

In the last month ACLS has a been trading in the 77.16 - 97.18 range, which is quite wide. It is currently trading near the high of this range.

When comparing the yearly performance of all stocks, we notice that ACLS is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.

ACLS is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 59% of 112 stocks in the same industry.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

AXCELIS TECHNOLOGIES INC / ACLS Weekly stock chart

AXCELIS TECHNOLOGIES INC / ACLS Daily stock chart

Setup Rating and Analysis

Although ACLS 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

77.72

96.61

2 important support areas can be observed.

A support zone ranging from 84.24 to 84.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 78.51 to 79.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

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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.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for ACLS is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ACLS is up.
ChartMill Relative Strength	77.39	POSITIVE	ACLS has a high relative strength, it outperformed 77.39% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ACLS is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ACLS is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ACLS is above the rising SMA(200).
Relative Strength Index/RSI (14)	76.21	OVERBOUGHT	The high RSI value suggests ACLS may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	1.28	POSITIVE	The MACD value suggests ACLS has a positive trend.
Stochastics (14,3)	92.59	OVERBOUGHT	The high Stochastics value suggests ACLS may be overbought.
Average True Range in percent/ATR (20)	2.94	MEDIUM VOLATILITY	The ATR as a percentage value for ACLS suggests some volalility.
Average Directional Index/ADX (14)	39.71	POSITIVE	The high ADX value value for ACLS suggests a strong trend.