Overall ACRX gets a technical rating of 6 out of 10. 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.
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.
0.75
When analyzing the support we notice one important area.
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%)
ChartMill assigns a technical rating of 6 / 10 to ACRX.
The current trend direction for ACELRX PHARMACEUTICALS INC (ACRX) is Bearish.
ACELRX PHARMACEUTICALS INC (ACRX) has an RSI value of 64.0673. This indicates that the stock is currently neutral.
The MACD indicator for ACELRX PHARMACEUTICALS INC (ACRX) has a value of 0.000489717, indicating a bearish trend.
The short term momentum for ACELRX PHARMACEUTICALS INC (ACRX) is positive.