ACURX PHARMACEUTICALS INC (ACXP) Technical Analysis
NASDAQ:ACXP • US00510M2035
Current stock price
ACXP Technical Rating and Analysis
Taking everything into account, ACXP scores 1 out of 10 in our technical rating. ACXP'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than ACXP.
- ACXP is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 81% are performing better than ACXP.
- ACXP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ACXP has a been trading in the 2.15 - 4.58 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ACXP has an average volume of 3853670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
ACXP Weekly and Daily overview Charts
ACXP Setup Rating and Analysis
ACXP has a poor technical rating and the quality of the setup is also not perfect 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
ACXP Support and Resistance Analysis
2.20
We found 1 important resistance area.
- Resistance @4.34 from a horizontal line in the daily time frame.
ACXP 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 ACXP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACXP is down. |
| ChartMill Relative Strength | 5.57 | NEGATIVE | ACXP has a low relative strength, it was outperformed by 94.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACXP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACXP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACXP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.97 | NEUTRAL | The RSI value for ACXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ACXP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.69 | OVERSOLD | The low Stochastics value suggests ACXP may be oversold. |
| Average True Range in percent/ATR (20) | 17.69 | HIGH VOLATILITY | The high ATR as a percentage value for ACXP suggests high volalility. |
| Average Directional Index/ADX (14) | 19.66 | NEGATIVE | The low ADX value for ACXP suggests a weak or negative trend. |
ACXP Chart- and CandleStick Pattern Analysis
ACXP Technicals: Chart, Performance Metrics, Trend & Indicators
2.22
-0.1 (-4.31%)
ACURX PHARMACEUTICALS INC / ACXP TA FAQ
What is the ChartMill technical rating of ACURX PHARMACEUTICALS INC (ACXP) stock?
ChartMill assigns a technical rating of 1 / 10 to ACXP.
What is the trend direction for ACXP stock?
The current trend direction for ACURX PHARMACEUTICALS INC (ACXP) is Bearish.
Can you provide the RSI signal for ACURX PHARMACEUTICALS INC?
ACURX PHARMACEUTICALS INC (ACXP) has an RSI value of 38.9731. This indicates that the stock is currently neutral.
What is the MACD signal for ACURX PHARMACEUTICALS INC (ACXP) stock?
The MACD indicator for ACURX PHARMACEUTICALS INC (ACXP) has a value of -0.141212, indicating a bearish trend.
Can you provide the short term momentum for ACURX PHARMACEUTICALS INC?
The short term momentum for ACURX PHARMACEUTICALS INC (ACXP) is negative.