AERIE PHARMACEUTICALS INC (AERI) Technical Analysis
NASDAQ:AERI • US00771V1089
Current stock price
AERI Technical Rating and Analysis
Overall AERI gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AERI is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AERI is one of the better performing stocks in the market, outperforming 98% of all stocks.
- AERI is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. AERI outperforms 91% of them.
- AERI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AERI is leading the market.
- In the last month AERI has a been trading in a tight range between 15.17 and 15.25.
AERI Weekly and Daily overview Charts
AERI Setup Rating and Analysis
Besides having an excellent technical rating, AERI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.23, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
AERI Support and Resistance Analysis
5.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.09 to 15.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.84 from a trend line in the weekly time frame.
- Support @5.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.26 to 15.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
AERI 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 | UP | POSITIVE | The long term trend for AERI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AERI is up. |
| ChartMill Relative Strength | 98.08 | POSITIVE | AERI has a high relative strength, it outperformed 98.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AERI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AERI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AERI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.34 | NEUTRAL | The RSI value for AERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AERI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests AERI may be overbought. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for AERI suggests low volalility. |
| Average Directional Index/ADX (14) | 44.57 | POSITIVE | The high ADX value value for AERI suggests a strong trend. |
AERI Chart- and CandleStick Pattern Analysis
AERI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.27 | 15.20 | 0.07 (0.46%) | 25.00% |
| An entry @15.27. This is a Buy Stop order right above the resistance zone. | An exit @15.20. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 0.46%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AERI Technicals: Chart, Performance Metrics, Trend & Indicators
15.25
+0.01 (+0.07%)
AERIE PHARMACEUTICALS INC / AERI TA FAQ
What is the technical rating for AERI stock?
ChartMill assigns a technical rating of 8 / 10 to AERI.
What is the current trend direction of AERIE PHARMACEUTICALS INC (AERI) stock?
The current trend direction for AERIE PHARMACEUTICALS INC (AERI) is Bullish.
Can you provide the RSI signal for AERIE PHARMACEUTICALS INC?
AERIE PHARMACEUTICALS INC (AERI) has an RSI value of 68.3424. This indicates that the stock is currently neutral.
What is the short term momentum for AERIE PHARMACEUTICALS INC (AERI) stock?
The short term momentum for AERIE PHARMACEUTICALS INC (AERI) is positive.
What is the support and resistance level for AERI stock?
AERIE PHARMACEUTICALS INC (AERI) has a support level at 15.23 and a resistance level at 15.26. Check the full technical report for our detailed analysis of AERI support and resistance levels.