ACRIVON THERAPEUTICS INC (ACRV) Technical Analysis
NASDAQ:ACRV • US0048901096
Current stock price
ACRV Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ACRV. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, ACRV is a bad performer in the overall market: 94% of all stocks are doing better.
- ACRV is one of the lesser performing stocks in the Biotechnology industry. 80% of 517 stocks in the same industry do better.
- ACRV is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACRV is lagging the market.
- ACRV has an average volume of 1909870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ACRV has a been trading in the 1.42 - 1.85 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 Weekly and Daily overview Charts
ACRV Setup Rating and Analysis
Although the technical rating is bad, ACRV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.55, a Stop Loss order could be placed below this zone.
More info and screens
ACRV Support and Resistance Analysis
1.49
2 important support areas can be observed.
- A support zone ranging from 1.54 to 1.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.67 to 1.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.85 from a horizontal line in the daily time frame.
ACRV Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for ACRV is neutral. |
| ChartMill Relative Strength | 6.44 | NEGATIVE | ACRV has a low relative strength, it was outperformed by 93.56% 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) | UP | MIXED | The current price of ACRV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.5 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 69.31 | NEUTRAL | The Stochastics value for ACRV is a neutral value. |
| Average True Range in percent/ATR (20) | 8.28 | HIGH VOLATILITY | The high ATR as a percentage value for ACRV suggests high volalility. |
| Average Directional Index/ADX (14) | 10.66 | NEGATIVE | The low ADX value for ACRV suggests a weak or negative trend. |
ACRV Chart- and CandleStick Pattern Analysis
ACRV Technicals: Chart, Performance Metrics, Trend & Indicators
1.66
-0.04 (-2.35%)
ACRIVON THERAPEUTICS INC / ACRV TA FAQ
Can you provide the ChartMill technical rating for ACRIVON THERAPEUTICS INC?
ChartMill assigns a technical rating of 1 / 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 49.5022. 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 neutral.