AXCELIS TECHNOLOGIES INC (ACLS) Stock Technical Analysis
NASDAQ:ACLS - US0545402085 - Common Stock
80.04 USD
-1.97 (-2.4%)
80.04 USD
0 (0%)
Taking everything into account, ACLS scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ACLS is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month ACLS has a been trading in the 67.49 - 85.45 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the performance of all stocks over the past year, ACLS turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
ACLS is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, ACLS did better than 56% of them.
ACLS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACLS is lagging the market.
ACLS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
68.06
82.10
We found 3 important support areas.
- Support @78.51 from a horizontal line in the daily time frame.
- A support zone ranging from 74.32 to 75.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @68.75 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 80.51 to 81.29. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 58.62 | NEUTRAL | ACLS is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of ACLS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.35 | NEUTRAL | The RSI value for ACLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests ACLS has a negative trend. |
| Stochastics (14,3) | 46.75 | NEUTRAL | The Stochastics value for ACLS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for ACLS suggests some volalility. |
| Average Directional Index/ADX (14) | 29.01 | POSITIVE | The high ADX value value for ACLS 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 81.30 | 78.50 | 2.80 (3.44%) | 25.00% |
| An entry @81.30. This is a Buy Stop order right above the resistance zone. | An exit @78.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.80 points, which is 3.44%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ACLS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
80.04
-1.97 (-2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.4%
1 Week-1.54%
2 Weeks-0.58%
1 Month16.42%
3 Month42.07%
6 Month46.09%
12 Month-26.79%
2 Year-58.34%
3 Year19.57%
5 Year238.72%
10 Year53.45%
15 Year270.56%
Volatility
ATR(14)3
ATR(20)%4.45%
ATR Inc-5.23%
Range Today2.72
ADR(20)3.01
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.62
Mansfield0.25
10 Day High83.36
10 Day Low77.7
20 Day High85.45
20 Day Low67.49
52 Week High110.17
52 Week Low40.4
CS1 End78.51
CR1 Start80.51
Volume & EV
DER(3)0.18%
DER(5)-0.96%
Volume385.70K
Volume Incr-23.81%
Vol(5)447.68K
Vol(50)515.31K