ACLARIS THERAPEUTICS INC (ACRS) Technical Analysis
NASDAQ:ACRS • US00461U1051
Current stock price
ACRS Technical Rating and Analysis
Taking everything into account, ACRS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ACRS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ACRS is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by ACRS over the past year are nicely spread over this period.
- ACRS is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. ACRS outperforms 87% of them.
- In the last month ACRS has a been trading in the 2.75 - 3.94 range, which is quite wide. It is currently trading near the high of this range.
- ACRS has an average volume of 2502510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ACRS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACRS is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
ACRS Weekly and Daily overview Charts
ACRS Setup Rating and Analysis
Although ACRS has an excellent technical rating, it does not offer a high quality setup 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
ACRS Support and Resistance Analysis
2.38
4 important support areas can be observed.
- A support zone ranging from 3.64 to 3.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.01 to 3.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.64 from a trend line in the weekly time frame.
- Support @2.40 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.83 to 3.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
ACRS 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 ACRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACRS is up. |
| ChartMill Relative Strength | 96.07 | POSITIVE | ACRS has a high relative strength, it outperformed 96.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.22 | NEUTRAL | The RSI value for ACRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ACRS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.42 | NEUTRAL | The Stochastics value for ACRS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for ACRS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.35 | NEGATIVE | The low ADX value for ACRS suggests a weak or negative trend. |
ACRS Chart- and CandleStick Pattern Analysis
ACRS Technicals: Chart, Performance Metrics, Trend & Indicators
3.69
-0.05 (-1.34%)
ACLARIS THERAPEUTICS INC / ACRS TA FAQ
What is the technical rating for ACRS stock?
ChartMill assigns a technical rating of 10 / 10 to ACRS.
What is the current trend direction of ACLARIS THERAPEUTICS INC (ACRS) stock?
The current trend direction for ACLARIS THERAPEUTICS INC (ACRS) is Bullish.
Can you provide the RSI signal for ACLARIS THERAPEUTICS INC?
ACLARIS THERAPEUTICS INC (ACRS) has an RSI value of 57.2178. This indicates that the stock is currently neutral.
What is the short term momentum for ACLARIS THERAPEUTICS INC (ACRS) stock?
The short term momentum for ACLARIS THERAPEUTICS INC (ACRS) is positive.
What is the buy/sell signal for ACRS stock?
The buy/sell signal for ACLARIS THERAPEUTICS INC (ACRS) is buy as both the short term and long term trends are positive.