AXCELIS TECHNOLOGIES INC (ACLS) Technical Analysis
NASDAQ:ACLS • US0545402085
We assign a technical rating of 5 out of 10 to ACLS. Although ACLS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, ACLS did better than 84% of all other stocks.
- ACLS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ACLS is performing more or less in line with the market.
- In the last month ACLS has a been trading in the 75.31 - 99.11 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- ACLS is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 45% of 115 stocks in the same industry.
Although the technical rating is only medium, ACLS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 85.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 85.11, a Stop Loss order could be placed below this zone.
More info and screens
76.11
We found 3 important support areas.
- A support zone ranging from 82.62 to 85.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 80.22 to 81.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @76.88 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 85.61 to 87.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @91.94 from a trend line in the weekly time frame.
- A resistance zone ranging from 97.04 to 97.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @100.44 from a horizontal line in the daily 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 ACLS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACLS is neutral. |
| ChartMill Relative Strength | 84.16 | POSITIVE | ACLS has a high relative strength, it outperformed 84.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ACLS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACLS is below 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) | 49.21 | NEUTRAL | The RSI value for ACLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests ACLS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.46 | NEUTRAL | The Stochastics value for ACLS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for ACLS suggests high volalility. |
| Average Directional Index/ADX (14) | 9.81 | NEGATIVE | The low ADX value for ACLS suggests a weak or negative trend. |
ACLS Technicals: Chart, Performance Metrics, Trend & Indicators
85.18
-1.04 (-1.21%)
AXCELIS TECHNOLOGIES INC / ACLS FAQ
Can you provide the ChartMill technical rating for AXCELIS TECHNOLOGIES INC?
ChartMill assigns a technical rating of 5 / 10 to ACLS.
Can you provide the trend direction for AXCELIS TECHNOLOGIES INC?
The current trend direction for AXCELIS TECHNOLOGIES INC (ACLS) is Bearish.
What is the RSI signal for ACLS stock?
AXCELIS TECHNOLOGIES INC (ACLS) has an RSI value of 49.2124. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AXCELIS TECHNOLOGIES INC?
The MACD indicator for AXCELIS TECHNOLOGIES INC (ACLS) has a value of 0.333901, indicating a bearish trend.
Can you provide the support and resistance levels for AXCELIS TECHNOLOGIES INC?
AXCELIS TECHNOLOGIES INC (ACLS) has a support level at 85.11 and a resistance level at 85.61. Check the full technical report for our detailed analysis of ACLS support and resistance levels.