AKYA Technical Analysis - AKOYA BIOSCIENCES INC

Technical Rating and Analysis

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 one of the lesser performing stocks in the Life Sciences Tools & Services industry. 74% of 55 stocks in the same industry do better.

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 short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

AKOYA BIOSCIENCES INC / AKYA Weekly stock chart

AKOYA BIOSCIENCES INC / AKYA Daily stock chart

Setup Rating and Analysis

AKYA has an average technical rating and also the quality of the setup is only medium 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

1.11

1.65

We found 2 important support areas.

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.

When analyzing the resistance we notice 2 important areas.

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.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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.

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.