AKOUOS INC (AKUS) Technical Analysis

NASDAQ:AKUS • US00973J1016

Current stock price

13.29 USD
+0.14 (+1.06%)
At close:
13.75 USD
+0.46 (+3.46%)
After Hours:

AKUS Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to AKUS. Both in the recent history as in the last year, AKUS has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • AKUS is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 515 stocks in the same industry.
  • AKUS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
  • AKUS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
  • Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
  • Looking at the yearly performance, AKUS did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
  • In the last month AKUS has a been trading in a tight range between 13.00 and 13.60.

AKUS Weekly and Daily overview Charts

AKOUOS INC / AKUS Weekly stock chart
AKOUOS INC / AKUS Daily stock chart

AKUS Setup Rating and Analysis

8

AKUS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.27, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

AKUS Support and Resistance Analysis

13.01

13.66

When analyzing the support we notice one important area.

  • A support zone ranging from 13.14 to 13.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 13.32 to 13.52. This zone is formed by a combination of multiple trend lines in multiple time frames.

AKUS Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for AKUS is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for AKUS is up.
ChartMill Relative Strength99.76POSITIVEAKUS has a high relative strength, it outperformed 99.76% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AKUS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AKUS is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AKUS is above the rising SMA(200).
Relative Strength Index/RSI (14)71.39OVERBOUGHTThe high RSI value suggests AKUS may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.24NEGATIVEThe MACD value suggests AKUS has a negative trend, although the MACD value is rising.
Stochastics (14,3)33.33NEUTRALThe Stochastics value for AKUS is a neutral value.
Average True Range in percent/ATR (20)1.14LOW VOLATILITYThe low ATR as a percentage value for AKUS suggests low volalility.
Average Directional Index/ADX (14)59.05POSITIVEThe high ADX value value for AKUS suggests a strong trend.

AKUS Chart- and CandleStick Pattern Analysis

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)

AKUS Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
13.5313.130.40 (2.96%)25.00%
An entry @13.53. This is a Buy Stop order right above the resistance zone.An exit @13.13. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.40 points, which is 2.96%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.74%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

AKUS Technicals: Chart, Performance Metrics, Trend & Indicators

AKOUOS INC / AKUS Daily stock chart

AKOUOS INC

NASDAQ:AKUS (11/30/2022, 8:18:43 PM)

After market: 13.75 +0.46 (+3.46%)

13.29

+0.14 (+1.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.06%
1 Week0.99%
2 Weeks-1.56%
1 Month1.22%
3 Month270.2%
6 Month315.31%
12 Month70.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%1.14%
ATR Inc-24.95%
Range Today0.17
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.76
3 months CRSN/A
6 months CRSN/A
Mansfield12.51
10 Day High13.51
10 Day Low13.11
20 Day High13.6
20 Day Low13
52 Week High13.6
52 Week Low2.32
CS1 End13.27
CR1 Start13.32
Volume & EV
DER(3)-1.52%
DER(5)0.04%
Volume1.79M
Volume Incr205.74%
Vol(5)1.24M
Vol(50)788.19K

AKOUOS INC / AKUS TA FAQ

What is the technical rating for AKUS stock?

ChartMill assigns a technical rating of 8 / 10 to AKUS.


Can you provide the trend direction for AKOUOS INC?

The current trend direction for AKOUOS INC (AKUS) is Bullish.


What is the RSI signal for AKOUOS INC (AKUS) stock?

AKOUOS INC (AKUS) has an RSI value of 71.3853. This indicates that the stock is currently overbought.


Can you provide the MACD signal for AKOUOS INC?

The MACD indicator for AKOUOS INC (AKUS) has a value of -0.241339, indicating a bearish trend.


What is the buy/sell signal for AKUS stock?

The buy/sell signal for AKOUOS INC (AKUS) is buy as both the short term and long term trends are positive.