ACELRX PHARMACEUTICALS INC (ACRX) Stock Technical Analysis
USA - NASDAQ:ACRX - US00444T2096 - Common Stock
Taking everything into account, ACRX scores 6 out of 10 in our technical rating. ACRX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ACRX has an average technical rating and also the quality of the setup is only medium 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
0.75
We found 1 important support area.
- A support zone ranging from 0.76 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for ACRX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACRX is up. |
| ChartMill Relative Strength | 18.86 | NEGATIVE | ACRX has a low relative strength, it was outperformed by 81.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.07 | NEUTRAL | The RSI value for ACRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ACRX has a positive trend. |
| Stochastics (14,3) | 62.06 | NEUTRAL | The Stochastics value for ACRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.25 | HIGH VOLATILITY | The high ATR as a percentage value for ACRX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.74 | POSITIVE | The high ADX value value for ACRX suggests a strong trend. |
0.86
+0.06 (+7.5%)
ACELRX PHARMACEUTICALS INC / ACRX FAQ
What is the technical rating for ACRX stock?
ChartMill assigns a technical rating of 6 / 10 to ACRX.
What is the current trend direction of ACELRX PHARMACEUTICALS INC (ACRX) stock?
The current trend direction for ACELRX PHARMACEUTICALS INC (ACRX) is Bearish.
Can you provide the RSI signal for ACELRX PHARMACEUTICALS INC?
ACELRX PHARMACEUTICALS INC (ACRX) has an RSI value of 64.0673. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ACELRX PHARMACEUTICALS INC?
The MACD indicator for ACELRX PHARMACEUTICALS INC (ACRX) has a value of 0.000489717, indicating a bearish trend.
Can you provide the short term momentum for ACELRX PHARMACEUTICALS INC?
The short term momentum for ACELRX PHARMACEUTICALS INC (ACRX) is positive.