AKEBIA THERAPEUTICS INC (AKBA) Stock Technical Analysis
USA - NASDAQ:AKBA - US00972D1054 - Common Stock
Taking everything into account, AKBA scores 0 out of 10 in our technical rating. AKBA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
AKBA has a poor technical rating and the quality of the setup is also only medium 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
1.98
We found 1 important support area.
- A support zone ranging from 2.00 to 2.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @3.06 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 | 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 | 15.98 | NEGATIVE | AKBA has a low relative strength, it was outperformed by 84.02% 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) | DOWN | NEGATIVE | The current price of AKBA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.94 | NEUTRAL | The RSI value for AKBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests AKBA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.72 | OVERSOLD | The low Stochastics value suggests AKBA may be oversold. |
| Average True Range in percent/ATR (20) | 9.13 | HIGH VOLATILITY | The high ATR as a percentage value for AKBA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.23 | POSITIVE | The high ADX value value for AKBA suggests a strong trend. |
2.04
+0.03 (+1.49%)
AKEBIA THERAPEUTICS INC / AKBA FAQ
What is the technical rating for AKBA stock?
ChartMill assigns a technical rating of 0 / 10 to AKBA.
Can you provide the trend direction for AKEBIA THERAPEUTICS INC?
The current trend direction for AKEBIA THERAPEUTICS INC (AKBA) is Bearish.
What is the RSI signal for AKEBIA THERAPEUTICS INC (AKBA) stock?
AKEBIA THERAPEUTICS INC (AKBA) has an RSI value of 30.9364. This indicates that the stock is currently neutral.
What is the short term momentum for AKBA stock?
The short term momentum for AKEBIA THERAPEUTICS INC (AKBA) is negative.