AKOYA BIOSCIENCES INC (AKYA) Technical Analysis
NASDAQ:AKYA • US00974H1041
Overall AKYA gets a technical rating of 4 out of 10. In the past year, AKYA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 91% of all other stocks performed better in the past year than AKYA.
- AKYA is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry, of which 76% are performing better than AKYA.
- AKYA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month AKYA has a been trading in the 1.09 - 1.64 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
AKYA has an average technical rating and the quality of the presented setup is also not ideal 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
1.11
2 important support areas can be observed.
- A support zone ranging from 1.28 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.12 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.37 to 1.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.63 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 AKYA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKYA is up. |
| ChartMill Relative Strength | 9.49 | NEGATIVE | AKYA has a low relative strength, it was outperformed by 90.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKYA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKYA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AKYA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.9 | NEUTRAL | The RSI value for AKYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AKYA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.15 | NEUTRAL | The Stochastics value for AKYA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for AKYA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.64 | NEUTRAL | The ADX value for AKYA suggests a possible start of a new trend. |
AKYA Technicals: Chart, Performance Metrics, Trend & Indicators
1.29
-0.07 (-5.15%)
AKOYA BIOSCIENCES INC / AKYA FAQ
Can you provide the ChartMill technical rating for AKOYA BIOSCIENCES INC?
ChartMill assigns a technical rating of 4 / 10 to AKYA.
What is the current trend direction of AKOYA BIOSCIENCES INC (AKYA) stock?
The current trend direction for AKOYA BIOSCIENCES INC (AKYA) is Bearish.
What is the RSI signal for AKOYA BIOSCIENCES INC (AKYA) stock?
AKOYA BIOSCIENCES INC (AKYA) has an RSI value of 51.9. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AKOYA BIOSCIENCES INC?
The MACD indicator for AKOYA BIOSCIENCES INC (AKYA) has a value of 0.00414988, indicating a bearish trend.
Can you provide the buy/sell signal for AKOYA BIOSCIENCES INC?
The buy/sell signal for AKOYA BIOSCIENCES INC (AKYA) is hold as the short term and long term trends are mixed.