ACRIVON THERAPEUTICS INC (ACRV) Stock Technical Analysis
USA - NASDAQ:ACRV - US0048901096 - Common Stock
We assign a technical rating of 7 out of 10 to ACRV. In the last year, ACRV was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although ACRV has an excellent technical rating, the quality of the presented setup is not ideal 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
1.47
4 important support areas can be observed.
- Support @1.96 from a trend line in the daily time frame.
- A support zone ranging from 1.87 to 1.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.52 from a trend line in the weekly time frame.
- Support @1.48 from a trend 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 ACRV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACRV is up. |
| ChartMill Relative Strength | 69 | NEUTRAL | ACRV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACRV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACRV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ACRV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.23 | NEUTRAL | The RSI value for ACRV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ACRV has a positive trend. |
| Stochastics (14,3) | 65.33 | NEUTRAL | The Stochastics value for ACRV is a neutral value. |
| Average True Range in percent/ATR (20) | 8.21 | HIGH VOLATILITY | The high ATR as a percentage value for ACRV suggests high volalility. |
| Average Directional Index/ADX (14) | 25.92 | POSITIVE | The high ADX value value for ACRV suggests a strong trend. |
2.38
+0.14 (+6.25%)
ACRIVON THERAPEUTICS INC / ACRV FAQ
Can you provide the ChartMill technical rating for ACRIVON THERAPEUTICS INC?
ChartMill assigns a technical rating of 7 / 10 to ACRV.
What is the trend direction for ACRV stock?
The current trend direction for ACRIVON THERAPEUTICS INC (ACRV) is Bearish.
Can you provide the RSI signal for ACRIVON THERAPEUTICS INC?
ACRIVON THERAPEUTICS INC (ACRV) has an RSI value of 62.2279. This indicates that the stock is currently neutral.
What is the MACD signal for ACRV stock?
The MACD indicator for ACRIVON THERAPEUTICS INC (ACRV) has a value of 0.0168626, indicating a bearish trend.
What are the support and resistance levels for ACRIVON THERAPEUTICS INC (ACRV) stock?
ACRIVON THERAPEUTICS INC (ACRV) has a support level at 1.96. Check the full technical report for our detailed analysis of ACRV support and resistance levels.