ACRIVON THERAPEUTICS INC (ACRV) Stock Technical Analysis
NASDAQ:ACRV - Nasdaq - US0048901096 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ACRV. ACRV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than ACRV.
ACRV is one of the lesser performing stocks in the Biotechnology industry. 76% of 551 stocks in the same industry do better.
ACRV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ACRV has a been trading in the 1.21 - 1.50 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ACRV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.25, a Stop Loss order could be placed below this zone.
More info and screens
1.24
1.46
We found 1 important support area.
- A support zone ranging from 1.25 to 1.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.28 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.32 to 1.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.43 to 1.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for ACRV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACRV is down. |
| ChartMill Relative Strength | 5.13 | NEGATIVE | ACRV has a low relative strength, it was outperformed by 94.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACRV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACRV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACRV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.67 | NEUTRAL | The RSI value for ACRV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ACRV has a negative trend. |
| Stochastics (14,3) | 26.44 | NEUTRAL | The Stochastics value for ACRV is a neutral value. |
| Average True Range in percent/ATR (20) | 7.03 | HIGH VOLATILITY | The high ATR as a percentage value for ACRV suggests high volalility. |
| Average Directional Index/ADX (14) | 15.39 | NEGATIVE | The low ADX value for ACRV 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)
1.27
-0.02 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.55%
1 Week-0.78%
2 Weeks-8.63%
1 Month-5.93%
3 Month9.48%
6 Month-78.9%
12 Month-83.48%
2 Year-89.16%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%7.03%
ATR Inc-34.32%
Range Today0.08
ADR(20)0.09
ADR(20)%6.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.13
Mansfield-7.55
10 Day High1.48
10 Day Low1.21
20 Day High1.5
20 Day Low1.21
52 Week High10.16
52 Week Low1.05
CS1 End1.25
CR1 Start1.28
Volume & EV
DER(3)-5.76%
DER(5)-7.04%
Volume160.50K
Volume Incr-47.39%
Vol(5)150.92K
Vol(50)393.46K