ACELRX PHARMACEUTICALS INC (ACRX) Stock Technical Analysis
NASDAQ:ACRX - Nasdaq - US00444T2096 - Common Stock - Currency: USD
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.
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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
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 45% of 193 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 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
0.87
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.
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. |
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)
0.86
+0.06 (+7.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg7.5%
1 Week16.15%
2 Weeks9.43%
1 Month18.03%
3 Month34.67%
6 Month-28.93%
12 Month-66.8%
2 Year-91.05%
3 Year-98.05%
5 Year-98.25%
10 Year-99.62%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%7.25%
ATR Inc33.03%
Range Today0.1
ADR(20)0.06
ADR(20)%6.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.86
Mansfield-1.86
10 Day High0.88
10 Day Low0.72
20 Day High0.88
20 Day Low0.67
52 Week High2.75
52 Week Low0.43
CS1 End0.78
CR1 StartN/A
Volume & EV
DER(3)3.11%
DER(5)-0.54%
Volume243.50K
Volume Incr-10.47%
Vol(5)127.20K
Vol(50)126.98K