AKERO THERAPEUTICS INC (AKRO)

US00973Y1082 - Common Stock

24.715  +1.29 (+5.48%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to AKRO. Recently some decent action could be observed, but in the medium term time frame this is still negative. AKRO was also a bad performer in the overall market in the last year.

91% of all other stocks performed better in the past year than AKRO.
AKRO is part of the Biotechnology industry. There are 582 other stocks in this industry, of which 65% are performing better than AKRO.
In the last month AKRO has a been trading in the 17.86 - 24.39 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.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
AKRO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AKRO is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
AKRO Weekly chart
AKRO Daily chart
Setup Rating and Analysis

2

The technical rating of AKRO is bad and it also does not present a 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.

Support and Resistance Analysis

11.59

24.96

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 23.42 to 23.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 20.27 to 20.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @19.01 from a trend line in the weekly time frame.
  • Support @18.69 from a trend line in the daily time frame.
  • Support @11.71 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.1
Mansfield-2.98
10 Day High24.39
10 Day Low17.86
20 Day High24.39
20 Day Low17.86
52 Week High55.56
52 Week Low11.25
Performance
1 Week21.9%
2 Weeks20.15%
1 Month13.63%
3 Month-14.92%
6 Month2.27%
12 Month-57.09%
2 Year147.94%
3 Year-5.56%
5 Year22.35%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.57
RSI(14)65.8
LBB16.69
UBB23.73
AKRO Daily chart

AKERO THERAPEUTICS INC

NASDAQ:AKRO (6/12/2024, 9:39:50 AM)

24.715

+1.29 (+5.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.48%
1 Week21.9%
2 Weeks20.15%
1 Month13.63%
3 Month-14.92%
6 Month2.27%
12 Month-57.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.54
ATR(20)%5.8%
ATR Inc
Range Today0.85
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.39
10 Day Low17.86
20 Day High24.39
20 Day Low17.86
52 Week High55.56
52 Week Low11.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume213.69K
Volume Incr77.27%
Vol(5)1.16M
Vol(50)733.40K