AKOYA BIOSCIENCES INC (AKYA) Stock Technical Analysis
NASDAQ:AKYA - Nasdaq - US00974H1041 - Common Stock - Currency: USD
Overall AKYA gets a technical rating of 1 out of 10. AKYA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
89% of all other stocks performed better in the past year than AKYA.
AKYA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AKYA is lagging the market.
In the last month AKYA has a been trading in the 0.93 - 1.44 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AKYA is an average performer in the Life Sciences Tools & Services industry, it outperforms 41% of 56 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of AKYA 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
1.26
3.24
When analyzing the support we notice one important area.
- A support zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.31 to 1.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.05 from a trend line in the weekly time frame.
- Resistance @3.21 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for AKYA is neutral. |
| ChartMill Relative Strength | 11 | NEGATIVE | AKYA has a low relative strength, it was outperformed by 89% 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) | DOWN | MIXED | The current price of AKYA is above a declining 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) | 57.69 | NEUTRAL | The RSI value for AKYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AKYA has a positive trend. |
| Stochastics (14,3) | 62.47 | NEUTRAL | The Stochastics value for AKYA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.59 | HIGH VOLATILITY | The high ATR as a percentage value for AKYA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.88 | NEGATIVE | The low ADX value for AKYA suggests a weak or negative trend. |
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)
1.3
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0%
1 Week30.01%
2 Weeks14.04%
1 Month2.36%
3 Month-36.59%
6 Month-38.39%
12 Month-33.84%
2 Year-76.91%
3 Year-88.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%8.59%
ATR Inc155.96%
Range Today0.16
ADR(20)0.1
ADR(20)%7.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11
Mansfield-4.25
10 Day High1.44
10 Day Low0.93
20 Day High1.44
20 Day Low0.93
52 Week High3.42
52 Week Low0.93
CS1 End1.29
CR1 Start1.31
Volume & EV
DER(3)3.55%
DER(5)4.61%
Volume1.00M
Volume Incr2126.59%
Vol(5)3.75M
Vol(50)529.80K