ARCELLX INC (ACLX) Stock Technical Analysis
NASDAQ:ACLX - Nasdaq - US03940C1009 - Common Stock - Currency: USD
Taking everything into account, ACLX scores 8 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
In the last month ACLX has a been trading in the 60.92 - 71.58 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, ACLX turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
ACLX is an average performer in the Biotechnology industry, it outperforms 64% of 556 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.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
56.97
71.66
When analyzing the support we can see 3 important areas.
- Support @62.88 from a horizontal line in the daily time frame.
- Support @60.77 from a trend line in the weekly time frame.
- Support @57.55 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 68.63 to 68.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @70.95 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 | 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 | 54.62 | NEUTRAL | ACLX is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of ACLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.5 | NEUTRAL | The RSI value for ACLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ACLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.28 | OVERBOUGHT | The high Stochastics value suggests ACLX may be overbought. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ACLX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.59 | NEGATIVE | The low ADX value for ACLX suggests a weak or negative 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)
67.59
-3.36 (-4.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.74%
1 Week-2.02%
2 Weeks0.64%
1 Month5.91%
3 Month8.98%
6 Month1.67%
12 Month8.04%
2 Year97.34%
3 Year226.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.49
ATR(20)%3.65%
ATR Inc33.13%
Range Today4.64
ADR(20)2.38
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.62
Mansfield-1.29
10 Day High71.58
10 Day Low65.09
20 Day High71.58
20 Day Low60.92
52 Week High107.37
52 Week Low47.86
CS1 End62.88
CR1 Start68.63
Volume & EV
DER(3)1.6%
DER(5)1.41%
Volume538.40K
Volume Incr-16.99%
Vol(5)437.26K
Vol(50)699.68K