We assign a technical rating of 0 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.
- 93% of all other stocks performed better in the past year than ACRV.
- ACRV is one of the lesser performing stocks in the Biotechnology industry. 75% of 524 stocks in the same industry do better.
- ACRV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ACRV has a been trading in the 1.57 - 2.19 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ACRV has an average volume of 1752580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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. 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
1.58
When analyzing the support we notice one important area.
- Support @1.60 from a horizontal 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 | 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 | 7.84 | NEGATIVE | ACRV has a low relative strength, it was outperformed by 92.16% 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) | 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) | 38.65 | NEUTRAL | The RSI value for ACRV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ACRV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.96 | OVERSOLD | The low Stochastics value suggests ACRV may be oversold. |
| Average True Range in percent/ATR (20) | 9.26 | HIGH VOLATILITY | The high ATR as a percentage value for ACRV suggests high volalility. |
| Average Directional Index/ADX (14) | 11.59 | NEGATIVE | The low ADX value for ACRV suggests a weak or negative trend. |
1.67
+0.07 (+4.37%)
ACRIVON THERAPEUTICS INC / ACRV FAQ
Can you provide the ChartMill technical rating for ACRIVON THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to ACRV.
What is the current trend direction of ACRIVON THERAPEUTICS INC (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 38.6518. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ACRIVON THERAPEUTICS INC?
The short term momentum for ACRIVON THERAPEUTICS INC (ACRV) is negative.
What is the buy/sell signal for ACRIVON THERAPEUTICS INC (ACRV) stock?
The buy/sell signal for ACRIVON THERAPEUTICS INC (ACRV) is sell as both the short term and long term trends are negative.