ACRIVON THERAPEUTICS INC (ACRV) Stock Technical Analysis
NASDAQ:ACRV - Nasdaq - US0048901096 - Common Stock - Currency: USD
Taking everything into account, ACRV scores 1 out of 10 in our technical rating. ACRV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ACRV is a bad performer in the overall market: 100% of all stocks are doing better.
ACRV is one of the lesser performing stocks in the Biotechnology industry. 90% of 559 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. The S&P500 Index is trading in the upper part of its 52 week range, so ACRV is lagging the market.
In the last month ACRV has a been trading in the 1.05 - 1.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ACRV has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.19
1.37
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.24 to 1.24. 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 1.36 to 1.36. 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 | 0.63 | NEGATIVE | ACRV has a low relative strength, it was outperformed by 99.37% off all stocks 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) | DOWN | NEGATIVE | The current price of ACRV is below a declining 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) | 41.77 | NEUTRAL | The RSI value for ACRV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ACRV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.63 | NEUTRAL | The Stochastics value for ACRV is a neutral value. |
| Average True Range in percent/ATR (20) | 8.03 | HIGH VOLATILITY | The high ATR as a percentage value for ACRV suggests high volalility. |
| Average Directional Index/ADX (14) | 19.49 | 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)
1.2
-0.07 (-5.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.51%
1 Week-11.11%
2 Weeks14.29%
1 Month9.09%
3 Month-77.94%
6 Month-83%
12 Month-83.45%
2 Year-90.74%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.03%
ATR Inc-19.84%
Range Today0.08
ADR(20)0.1
ADR(20)%7.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.63
Mansfield-7.98
10 Day High1.41
10 Day Low1.05
20 Day High1.41
20 Day Low1.05
52 Week High10.16
52 Week Low1.05
CS1 EndN/A
CR1 Start1.24
Volume & EV
DER(3)1.54%
DER(5)1.38%
Volume308.00K
Volume Incr-46.83%
Vol(5)403.06K
Vol(50)895.60K