We assign a technical rating of 0 out of 10 to AKTX. AKTX'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AKTX is a bad performer in the overall market: 98% of all stocks are doing better.
- AKTX is part of the Biotechnology industry. There are 523 other stocks in this industry, of which 86% are performing better than AKTX.
- AKTX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- AKTX has an average volume of 1280600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month AKTX has a been trading in the 0.22 - 0.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, AKTX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.26. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for AKTX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.25
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for AKTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AKTX is down. |
| ChartMill Relative Strength | 2.57 | NEGATIVE | AKTX has a low relative strength, it was outperformed by 97.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AKTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AKTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AKTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.09 | NEUTRAL | The RSI value for AKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AKTX has a positive trend. |
| Stochastics (14,3) | 23.41 | NEUTRAL | The Stochastics value for AKTX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.13 | HIGH VOLATILITY | The high ATR as a percentage value for AKTX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.23 | NEGATIVE | The low ADX value for AKTX suggests a weak or negative trend. |
0.2479
+0.01 (+5.49%)
AKARI THERAPEUTICS PLC-ADR / AKTX FAQ
What is the ChartMill technical rating of AKARI THERAPEUTICS PLC-ADR (AKTX) stock?
ChartMill assigns a technical rating of 0 / 10 to AKTX.
Can you provide the trend direction for AKARI THERAPEUTICS PLC-ADR?
The current trend direction for AKARI THERAPEUTICS PLC-ADR (AKTX) is Bearish.
What is the RSI signal for AKTX stock?
AKARI THERAPEUTICS PLC-ADR (AKTX) has an RSI value of 42.0871. This indicates that the stock is currently neutral.
What is the short term momentum for AKTX stock?
The short term momentum for AKARI THERAPEUTICS PLC-ADR (AKTX) is negative.
Can you provide the buy/sell signal for AKARI THERAPEUTICS PLC-ADR?
The buy/sell signal for AKARI THERAPEUTICS PLC-ADR (AKTX) is sell as both the short term and long term trends are negative.