ACLARIS THERAPEUTICS INC (ACRS) Technical Analysis
NASDAQ:ACRS • US00461U1051
Current stock price
ACRS Technical Rating and Analysis
Overall ACRS gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACRS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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. On top of that, ACRS also shows a nice and consistent pattern of rising prices.
- ACRS is part of the Pharmaceuticals industry. There are 191 other stocks in this industry. ACRS outperforms 91% of them.
- ACRS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACRS is lagging the market slightly.
- In the last month ACRS has a been trading in the 3.32 - 4.41 range, which is quite wide. It is currently trading near the high of this range.
- ACRS has an average volume of 1932320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ACRS Weekly and Daily overview Charts
ACRS Setup Rating and Analysis
Although ACRS 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
ACRS Support and Resistance Analysis
3.22
We found 3 important support areas.
- Support @3.81 from a trend line in the daily time frame.
- A support zone ranging from 3.71 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.25 to 3.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 96.48 | POSITIVE | ACRS has a high relative strength, it outperformed 96.48% 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) | 65.07 | NEUTRAL | The RSI value for ACRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ACRS has a positive trend. |
| Stochastics (14,3) | 89.34 | OVERBOUGHT | The high Stochastics value suggests ACRS may be overbought. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for ACRS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.75 | 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
4.39
+0.22 (+5.28%)
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.
What is the RSI signal for ACRS stock?
ACLARIS THERAPEUTICS INC (ACRS) has an RSI value of 65.0749. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ACLARIS THERAPEUTICS INC?
The MACD indicator for ACLARIS THERAPEUTICS INC (ACRS) has a value of 0.0285504, indicating a bearish trend.
Can you provide the support and resistance levels for ACLARIS THERAPEUTICS INC?
ACLARIS THERAPEUTICS INC (ACRS) has a support level at 3.81. Check the full technical report for our detailed analysis of ACRS support and resistance levels.