ACELRX PHARMACEUTICALS INC (ACRX) Technical Analysis
NASDAQ:ACRX • US00444T2096
Current stock price
ACRX Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to ACRX. In the last year, ACRX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, ACRX is a bad performer in the overall market: 82% of all stocks are doing better.
- ACRX 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month ACRX has a been trading in the 0.67 - 0.88 range, which is quite wide. It is currently trading near the high of this range.
- ACRX is an average performer in the Pharmaceuticals industry, it outperforms 41% of 191 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ACRX Weekly and Daily overview Charts
ACRX Setup Rating and Analysis
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
ACRX Support and Resistance Analysis
0.75
When analyzing the support we notice one important 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.
ACRX 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 | 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. |
ACRX Chart- and CandleStick Pattern Analysis
ACRX Technicals: Chart, Performance Metrics, Trend & Indicators
0.86
+0.06 (+7.5%)
ACELRX PHARMACEUTICALS INC / ACRX TA FAQ
What is the technical rating for ACRX stock?
ChartMill assigns a technical rating of 6 / 10 to ACRX.
Can you provide the trend direction for ACELRX PHARMACEUTICALS INC?
The current trend direction for ACELRX PHARMACEUTICALS INC (ACRX) is Bearish.
What is the RSI signal for ACRX stock?
ACELRX PHARMACEUTICALS INC (ACRX) has an RSI value of 64.0673. This indicates that the stock is currently neutral.
What is the MACD signal for ACELRX PHARMACEUTICALS INC (ACRX) stock?
The MACD indicator for ACELRX PHARMACEUTICALS INC (ACRX) has a value of 0.000489717, indicating a bearish trend.
What is the short term momentum for ACELRX PHARMACEUTICALS INC (ACRX) stock?
The short term momentum for ACELRX PHARMACEUTICALS INC (ACRX) is positive.