AKOUSTIS TECHNOLOGIES INC (AKTS) Stock Technical Analysis
NASDAQ:AKTS - Nasdaq - US00973N1028 - Common Stock - Currency: USD
Overall AKTS gets a technical rating of 0 out of 10. AKTS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AKTS is a bad performer in the overall market: 99% of all stocks are doing better.
AKTS is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 91% are performing better than AKTS.
AKTS is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so AKTS is lagging the market.
In the last month AKTS has a been trading in the 0.03 - 0.12 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
AKTS has an average volume of 26172000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of AKTS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
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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 AKTS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AKTS is down. |
| ChartMill Relative Strength | 1.39 | NEGATIVE | AKTS has a low relative strength, it was outperformed by 98.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AKTS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AKTS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AKTS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.6 | OVERSOLD | The low RSI value suggests AKTS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AKTS has a negative trend. |
| Stochastics (14,3) | 6.36 | OVERSOLD | The low Stochastics value suggests AKTS may be oversold. |
| Average True Range in percent/ATR (20) | 46.96 | HIGH VOLATILITY | The high ATR as a percentage value for AKTS suggests high volalility. |
| Average Directional Index/ADX (14) | 28.84 | POSITIVE | The high ADX value value for AKTS suggests a strong 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)
0.0372
0 (-9.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-9.05%
1 Week-55.92%
2 Weeks-60.04%
1 Month-53.85%
3 Month-46.09%
6 Month-70.41%
12 Month-95.57%
2 Year-98.68%
3 Year-99.44%
5 Year-99.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%46.96%
ATR Inc32.86%
Range Today0.01
ADR(20)0.02
ADR(20)%43.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.39
Mansfield-8.98
10 Day High0.11
10 Day Low0.03
20 Day High0.12
20 Day Low0.03
52 Week High1.19
52 Week Low0.03
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-0.1%
DER(5)-4.17%
Volume118.70M
Volume Incr-7.46%
Vol(5)38.79M
Vol(50)26.17M