AKERO THERAPEUTICS INC (AKRO) Stock Technical Analysis
USA - NASDAQ:AKRO - US00973Y1082 - Common Stock
53.88 USD
-0.2 (-0.37%)
53.88 USD
0 (0%)
Overall AKRO gets a technical rating of 9 out of 10. AKRO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that AKRO is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by AKRO over the past year are nicely spread over this period.
AKRO is one of the better performing stocks in the Biotechnology industry, it outperforms 78% of 536 stocks in the same industry.
AKRO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AKRO is lagging the market slightly.
In the last month AKRO has a been trading in the 41.77 - 54.53 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AKRO has an average volume of 2003830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AKRO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
32.22
58.15
3 important support areas can be observed.
- A support zone ranging from 45.59 to 47.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.22 from a trend line in the daily time frame.
- Support @32.55 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 57.56 to 57.57. This zone is formed by a combination of multiple trend lines 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 AKRO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKRO is up. |
| ChartMill Relative Strength | 90.57 | POSITIVE | AKRO has a high relative strength, it outperformed 90.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.39 | OVERBOUGHT | The high RSI value suggests AKRO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests AKRO has a positive trend. |
| Stochastics (14,3) | 79.36 | NEUTRAL | The Stochastics value for AKRO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for AKRO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.11 | NEUTRAL | The ADX value for AKRO suggests a possible start of a new 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)
53.88
-0.2 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.37%
1 Week16.88%
2 Weeks12.86%
1 Month23.98%
3 Month4.48%
6 Month51.07%
12 Month81.84%
2 Year352.01%
3 Year27.5%
5 Year102.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.86
ATR(20)%3.68%
ATR Inc173.4%
Range Today0.3
ADR(20)1.57
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.57
Mansfield1.74
10 Day High54.54
10 Day Low45.17
20 Day High54.54
20 Day Low41.77
52 Week High58.4
52 Week Low21.34
CS1 End47.17
CR1 Start57.56
Volume & EV
DER(3)-1.16%
DER(5)-1.4%
Volume10.51M
Volume Incr791.81%
Vol(5)10.23M
Vol(50)2.00M