AKEBIA THERAPEUTICS INC (AKBA) Stock Technical Analysis
USA - NASDAQ:AKBA - US00972D1054 - Common Stock
2.83 USD
+0.04 (+1.43%)
2.88 USD
+0.05 (+1.77%)
We assign a technical rating of 3 out of 10 to AKBA. Although AKBA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month AKBA has a been trading in the 2.74 - 3.22 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that AKBA is one of the better performing stocks in the market, outperforming 90% of all stocks.
AKBA is part of the Biotechnology industry. There are 538 other stocks in this industry. AKBA outperforms 81% of them.
AKBA has an average volume of 3836030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
AKBA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AKBA is lagging the market.
AKBA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.81, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AKBA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.34
4.01
4 important support areas can be observed.
- A support zone ranging from 2.78 to 2.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.07 from a trend line in the weekly time frame.
- Support @1.95 from a trend line in the weekly time frame.
- Support @1.35 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.97 to 2.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.97 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for AKBA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AKBA is down. |
| ChartMill Relative Strength | 90.48 | POSITIVE | AKBA has a high relative strength, it outperformed 90.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AKBA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AKBA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKBA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.1 | NEUTRAL | The RSI value for AKBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AKBA has a positive trend. |
| Stochastics (14,3) | 12.57 | OVERSOLD | The low Stochastics value suggests AKBA may be oversold. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for AKBA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.96 | POSITIVE | The high ADX value value for AKBA 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)
2.83
+0.04 (+1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.43%
1 Week0%
2 Weeks-5.67%
1 Month-6.6%
3 Month-22.47%
6 Month48.17%
12 Month112.78%
2 Year148.25%
3 Year795%
5 Year12.75%
10 Year-70.7%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%4.7%
ATR Inc-27.28%
Range Today0.12
ADR(20)0.13
ADR(20)%4.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.48
Mansfield0.38
10 Day High3.05
10 Day Low2.74
20 Day High3.22
20 Day Low2.74
52 Week High4.08
52 Week Low1.24
CS1 End2.81
CR1 Start2.97
Volume & EV
DER(3)-0.66%
DER(5)3.97%
Volume2.20M
Volume Incr15.45%
Vol(5)4.35M
Vol(50)3.84M