ACURX PHARMACEUTICALS INC (ACXP) Stock Technical Analysis
USA - NASDAQ:ACXP - US00510M2035 - Common Stock
Overall ACXP gets a technical rating of 1 out of 10. ACXP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ACXP is bad and it also does not present a quality setup 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
4.76
We found 1 important support area.
- Support @4.81 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 5.16 to 5.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.86 from a trend line in the daily time frame.
- Resistance @6.60 from a trend line in the weekly time frame.
- Resistance @7.48 from a trend line 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 | 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 | 6.78 | NEGATIVE | ACXP has a low relative strength, it was outperformed by 93.22% 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) | 40.58 | NEUTRAL | The RSI value for ACXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests ACXP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.25 | OVERSOLD | The low Stochastics value suggests ACXP may be oversold. |
| Average True Range in percent/ATR (20) | 12.25 | HIGH VOLATILITY | The high ATR as a percentage value for ACXP suggests high volalility. |
| Average Directional Index/ADX (14) | 24.02 | NEUTRAL | The ADX value for ACXP suggests a possible start of a new trend. |
5
-0.15 (-2.91%)
ACURX PHARMACEUTICALS INC / ACXP 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 current trend direction of ACURX PHARMACEUTICALS INC (ACXP) stock?
The current trend direction for ACURX PHARMACEUTICALS INC (ACXP) is Bearish.
What is the RSI signal for ACURX PHARMACEUTICALS INC (ACXP) stock?
ACURX PHARMACEUTICALS INC (ACXP) has an RSI value of 40.5772. This indicates that the stock is currently neutral.
What is the MACD signal for ACXP stock?
The MACD indicator for ACURX PHARMACEUTICALS INC (ACXP) has a value of -0.246365, indicating a bearish trend.
What is the short term momentum for ACXP stock?
The short term momentum for ACURX PHARMACEUTICALS INC (ACXP) is negative.