NASDAQ:ANNX • US03589W1027
We assign a technical rating of 6 out of 10 to ANNX. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ANNX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.61. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ANNX in the last couple of days, which is a good sign.
2.88
7 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 ANNX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ANNX is neutral. |
| ChartMill Relative Strength | 93.22 | POSITIVE | ANNX has a high relative strength, it outperformed 93.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ANNX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ANNX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANNX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.13 | NEUTRAL | The RSI value for ANNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ANNX has a positive trend. |
| Stochastics (14,3) | 75.18 | NEUTRAL | The Stochastics value for ANNX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for ANNX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for ANNX suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 5.63 | 5.22 | 0.41 (7.28%) | 13.73% |
| An entry @5.63. This is a Buy Stop order right above the resistance zone. | An exit @5.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.41 points, which is 7.28%. | For a 1.00% total portfolio risk, you can invest 13.73% of your capital in this trade. |
5.59
+0.16 (+2.95%)
ChartMill assigns a technical rating of 6 / 10 to ANNX.
The current trend direction for ANNEXON INC (ANNX) is Bullish.
ANNEXON INC (ANNX) has an RSI value of 53.1267. This indicates that the stock is currently neutral.
The MACD indicator for ANNEXON INC (ANNX) has a value of 0.0505188, indicating a bearish trend.
The short term momentum for ANNEXON INC (ANNX) is neutral.