Taking everything into account, AKRO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AKRO has proven to be a steady performer, scoring decent points in every aspect analyzed.
AKRO has an excellent technical rating, but the quality of the setup is 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
45.90
We found 4 important support areas.
- A support zone ranging from 52.80 to 54.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.38 from a trend line in the weekly time frame.
- Support @48.07 from a trend line in the weekly time frame.
- Support @46.36 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 55.75 to 56.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 AKRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKRO is up. |
| ChartMill Relative Strength | 93.74 | POSITIVE | AKRO has a high relative strength, it outperformed 93.74% 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) | 69.04 | NEUTRAL | The RSI value for AKRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests AKRO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.76 | NEUTRAL | The Stochastics value for AKRO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for AKRO suggests low volalility. |
| Average Directional Index/ADX (14) | 35.98 | POSITIVE | The high ADX value value for AKRO suggests a strong trend. |
54.65
+0.1 (+0.18%)
AKERO THERAPEUTICS INC / AKRO FAQ
Can you provide the ChartMill technical rating for AKERO THERAPEUTICS INC?
ChartMill assigns a technical rating of 10 / 10 to AKRO.
What is the trend direction for AKRO stock?
The current trend direction for AKERO THERAPEUTICS INC (AKRO) is Bullish.
What is the RSI signal for AKERO THERAPEUTICS INC (AKRO) stock?
AKERO THERAPEUTICS INC (AKRO) has an RSI value of 69.0367. This indicates that the stock is currently neutral.
What is the MACD signal for AKRO stock?
The MACD indicator for AKERO THERAPEUTICS INC (AKRO) has a value of -0.104073, indicating a bearish trend.
What is the support and resistance level for AKRO stock?
AKERO THERAPEUTICS INC (AKRO) has a support level at 54.49 and a resistance level at 55.75. Check the full technical report for our detailed analysis of AKRO support and resistance levels.