ANIXA BIOSCIENCES INC (ANIX) Stock Technical Analysis
NASDAQ:ANIX - Nasdaq - US03528H1095 - Common Stock - Currency: USD
Taking everything into account, ANIX scores 6 out of 10 in our technical rating. ANIX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ANIX is one of the better performing stocks in the Biotechnology industry, it outperforms 71% of 556 stocks in the same industry.
When comparing the performance of all stocks over the past year, ANIX turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
ANIX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ANIX is lagging the market.
In the last month ANIX has a been trading in the 3.07 - 3.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ANIX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 3.13, a Stop Loss order could be placed below this zone.
More info and screens
2.19
3.75
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.09 to 3.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.70 from a trend line in the daily time frame.
- Support @2.62 from a trend line in the weekly time frame.
- Support @2.21 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.33 to 3.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.45 to 3.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.71 from a trend 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 | UP | POSITIVE | The long term trend for ANIX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ANIX is neutral. |
| ChartMill Relative Strength | 63.47 | NEUTRAL | ANIX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.02 | NEUTRAL | The RSI value for ANIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ANIX has a negative trend. |
| Stochastics (14,3) | 58.91 | NEUTRAL | The Stochastics value for ANIX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for ANIX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.08 | NEGATIVE | The low ADX value for ANIX 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.38 | 3.10 | 0.28 (8.28%) | 12.07% |
| An entry @3.38. This is a Buy Stop order right above the resistance zone. | An exit @3.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.28 points, which is 8.28%. | For a 1.00% total portfolio risk, you can invest 12.07% of your capital in this trade. |
- 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.
3.22
-0.15 (-4.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.45%
1 Week-6.4%
2 Weeks2.55%
1 Month-4.73%
3 Month16.67%
6 Month14.18%
12 Month5.57%
2 Year-10.31%
3 Year-15.26%
5 Year15.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%4.28%
ATR Inc-20.3%
Range Today0.17
ADR(20)0.14
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.47
Mansfield-0.24
10 Day High3.5
10 Day Low3.11
20 Day High3.5
20 Day Low3.07
52 Week High4.2
52 Week Low2.07
CS1 End3.13
CR1 Start3.33
Volume & EV
DER(3)-6.24%
DER(5)-5.97%
Volume85.60K
Volume Incr-8.61%
Vol(5)106.47K
Vol(50)153.98K