ACLX Technical Analysis - ARCELLX INC

Technical Rating and Analysis

Overall ACLX gets a technical rating of 8 out of 10. Although ACLX 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.

In the last month ACLX has a been trading in the 70.11 - 86.21 range, which is quite wide. It is currently trading near the high of this range.

Looking at the yearly performance, ACLX did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

ACLX is an average performer in the Biotechnology industry, it outperforms 62% of 536 stocks in the same industry.

ACLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACLX is lagging the market.

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

Setup Rating and Analysis

Although ACLX has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

60.09

85.92

We found 5 important support areas.

A support zone ranging from 78.07 to 78.40. 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 73.09 to 74.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @71.83 from a trend line in the daily time frame.
A support zone ranging from 67.59 to 68.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
Support @60.70 from a trend line in the weekly time frame.

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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 ACLX is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ACLX is up.
ChartMill Relative Strength	78.48	POSITIVE	ACLX has a high relative strength, it outperformed 78.48% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ACLX is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ACLX is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ACLX is above the rising SMA(200).
Relative Strength Index/RSI (14)	72.81	OVERBOUGHT	The high RSI value suggests ACLX may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.48	POSITIVE	The MACD value suggests ACLX has a positive trend.
Stochastics (14,3)	88.15	OVERBOUGHT	The high Stochastics value suggests ACLX may be overbought.
Average True Range in percent/ATR (20)	3.32	MEDIUM VOLATILITY	The ATR as a percentage value for ACLX suggests some volalility.
Average Directional Index/ADX (14)	26.6	POSITIVE	The high ADX value value for ACLX suggests a strong trend.