AKEBIA THERAPEUTICS INC (AKBA) Technical Analysis
NASDAQ:AKBA • US00972D1054
Current stock price
AKBA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to AKBA. AKBA 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, AKBA is a bad performer in the overall market: 86% of all stocks are doing better.
- AKBA is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 67% are performing better than AKBA.
- AKBA 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.
- AKBA has an average volume of 3057220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AKBA has a been trading in the 1.30 - 1.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AKBA Weekly and Daily overview Charts
AKBA Setup Rating and Analysis
AKBA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.37, a Stop Loss order could be placed below this zone.
More info and screens
AKBA Support and Resistance Analysis
1.20
We found 2 important support areas.
- A support zone ranging from 1.32 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.21 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.47 to 1.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.55 to 1.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.81 from a trend line in the weekly time frame.
AKBA 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 AKBA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AKBA is neutral. |
| ChartMill Relative Strength | 14.54 | NEGATIVE | AKBA has a low relative strength, it was outperformed by 85.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKBA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AKBA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AKBA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.03 | NEUTRAL | The RSI value for AKBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AKBA has a negative trend. |
| Stochastics (14,3) | 40.68 | NEUTRAL | The Stochastics value for AKBA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for AKBA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.13 | NEGATIVE | The low ADX value for AKBA suggests a weak or negative trend. |
AKBA Chart- and CandleStick Pattern Analysis
AKBA Technicals: Chart, Performance Metrics, Trend & Indicators
1.42
+0.01 (+0.71%)
AKEBIA THERAPEUTICS INC / AKBA TA FAQ
What is the technical rating for AKBA stock?
ChartMill assigns a technical rating of 2 / 10 to AKBA.
What is the trend direction for AKBA stock?
The current trend direction for AKEBIA THERAPEUTICS INC (AKBA) is Bearish.
Can you provide the RSI signal for AKEBIA THERAPEUTICS INC?
AKEBIA THERAPEUTICS INC (AKBA) has an RSI value of 51.0328. This indicates that the stock is currently neutral.
What is the MACD signal for AKBA stock?
The MACD indicator for AKEBIA THERAPEUTICS INC (AKBA) has a value of -0.00283885, indicating a bearish trend.
What is the short term momentum for AKBA stock?
The short term momentum for AKEBIA THERAPEUTICS INC (AKBA) is neutral.