AKEBIA THERAPEUTICS INC (AKBA) Stock Technical Analysis
NASDAQ:AKBA - US00972D1054 - Common Stock
3.13 USD
+0.12 (+3.99%)
3.1202 USD
-0.01 (-0.31%)
Overall AKBA gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month AKBA has a been trading in the 2.92 - 3.79 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 92% of all stocks.
AKBA is one of the better performing stocks in the Biotechnology industry, it outperforms 85% of 547 stocks in the same industry.
AKBA has an average volume of 3986860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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 an average technical rating and it also does not offer a high 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
1.34
4.01
When analyzing the support we can see 5 important areas.
- A support zone ranging from 3.12 to 3.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.00 from a horizontal line in the daily time frame.
- Support @2.00 from a trend line in the weekly time frame.
- Support @1.90 from a trend line in the weekly time frame.
- Support @1.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @3.20 from a horizontal line in the daily time frame.
- Resistance @3.42 from a trend line 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 | UP | POSITIVE | The long term trend for AKBA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AKBA is down. |
| ChartMill Relative Strength | 92.41 | POSITIVE | AKBA has a high relative strength, it outperformed 92.41% 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) | 42.52 | NEUTRAL | The RSI value for AKBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AKBA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.94 | NEUTRAL | The Stochastics value for AKBA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for AKBA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.71 | 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)
3.13
+0.12 (+3.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.99%
1 Week-1.88%
2 Weeks-4.86%
1 Month-15.06%
3 Month3.3%
6 Month69.19%
12 Month101.94%
2 Year125.18%
3 Year759.18%
5 Year-69.93%
10 Year-55.03%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%5.71%
ATR Inc-21.43%
Range Today0.14
ADR(20)0.15
ADR(20)%4.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.41
Mansfield2.17
10 Day High3.33
10 Day Low2.98
20 Day High3.79
20 Day Low2.92
52 Week High4.08
52 Week Low1.24
CS1 End3.12
CR1 Start3.2
Volume & EV
DER(3)3.8%
DER(5)0.5%
Volume3.10M
Volume Incr-0.51%
Vol(5)4.14M
Vol(50)3.99M