Taking everything into account, AKTX scores 0 out of 10 in our technical rating. 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 technical rating of AKTX is bad and it also does not present a quality setup 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
0.39
We can see 3 important resistance areas.
- A resistance zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.51 from a trend line in the daily time frame.
- Resistance @0.74 from a trend line in the weekly 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 | 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 | 3.5 | NEGATIVE | AKTX has a low relative strength, it was outperformed by 96.5% 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) | 37.67 | NEUTRAL | The RSI value for AKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AKTX has a positive trend. |
| Stochastics (14,3) | 38.29 | NEUTRAL | The Stochastics value for AKTX is a neutral value. |
| Average True Range in percent/ATR (20) | 18.62 | HIGH VOLATILITY | The high ATR as a percentage value for AKTX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for AKTX suggests a weak or negative trend. |
0.3894
-0.02 (-5.02%)
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.
What is the trend direction for AKTX stock?
The current trend direction for AKARI THERAPEUTICS PLC-ADR (AKTX) is Bearish.
What is the RSI signal for AKARI THERAPEUTICS PLC-ADR (AKTX) stock?
AKARI THERAPEUTICS PLC-ADR (AKTX) has an RSI value of 37.6652. This indicates that the stock is currently neutral.
What is the short term momentum for AKARI THERAPEUTICS PLC-ADR (AKTX) stock?
The short term momentum for AKARI THERAPEUTICS PLC-ADR (AKTX) is negative.
What is the buy/sell signal for AKTX stock?
The buy/sell signal for AKARI THERAPEUTICS PLC-ADR (AKTX) is sell as both the short term and long term trends are negative.