ACRIVON THERAPEUTICS INC (ACRV)
US0048901096 - Common Stock
We assign a technical rating of 8 out of 10 to ACRV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACRV is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ACRV is part of the Biotechnology industry. There are 587 other stocks in this industry. ACRV outperforms 86% of them.
Looking at the yearly performance, ACRV did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ACRV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACRV is lagging the market.
In the last month ACRV has a been trading in the 7.80 - 10.29 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.
Besides having an excellent technical rating, ACRV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
7.77
10.41
We found 3 important support areas.
- A support zone ranging from 8.72 to 8.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.13 from a horizontal line in the daily time frame.
- A support zone ranging from 7.85 to 7.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @8.90 from a horizontal line in the daily time frame.
- Resistance @9.55 from a trend line in the weekly time frame.
- Resistance @10.00 from a horizontal line in the weekly time frame.
- Resistance @10.31 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.2
Mansfield-0.37
10 Day High9.58
10 Day Low7.98
20 Day High10.29
20 Day Low7.8
52 Week High14.03
52 Week Low3.19
Performance
1 Week1.37%
2 Weeks-7.3%
1 Month-5.32%
3 Month125.64%
6 Month128.54%
12 Month-30.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)53.15
LBB7.85
UBB9.38
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.91 | 8.71 | 0.20 (2.24%) | 25.00% |
| An entry @8.91. This is a Buy Stop order right above the resistance zone. | An exit @8.71. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.20 points, which is 2.24%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- The distance between exit and entry is rather small compared to the average daily movement of ACRV. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ACRIVON THERAPEUTICS INC
NASDAQ:ACRV (5/17/2024, 7:00:00 PM)
After market: 8.89 0 (0%)8.89
+0.33 (+3.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.86%
1 Week1.37%
2 Weeks-7.3%
1 Month-5.32%
3 Month125.64%
6 Month128.54%
12 Month-30.66%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.81
ATR(20)%10.64%
ATR Inc
Range Today0.44
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.58
10 Day Low7.98
20 Day High10.29
20 Day Low7.8
52 Week High14.03
52 Week Low3.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume58.30K
Volume Incr-80.44%
Vol(5)56.60K
Vol(50)958.16K