ANNEXON INC (ANNX) Technical Analysis
NASDAQ:ANNX • US03589W1027
Current stock price
ANNX Technical Rating and Analysis
Taking everything into account, ANNX scores 8 out of 10 in our technical rating. 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, ANNX did better than 96% of all other stocks. On top of that, ANNX also shows a nice and consistent pattern of rising prices.
- ANNX is one of the better performing stocks in the Biotechnology industry, it outperforms 87% of 517 stocks in the same industry.
- ANNX has an average volume of 2655900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ANNX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ANNX is lagging the market slightly.
- In the last month ANNX has a been trading in the 4.86 - 6.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ANNX Weekly and Daily overview Charts
ANNX Setup Rating and Analysis
Although ANNX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
ANNX Support and Resistance Analysis
3.01
We found 5 important support areas.
- Support @5.03 from a trend line in the daily time frame.
- A support zone ranging from 4.88 to 4.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.80 from a horizontal line in the daily time frame.
- Support @3.89 from a trend line in the weekly time frame.
- Support @3.04 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.59 to 5.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.09 from a horizontal line in the daily time frame.
- Resistance @6.67 from a trend line in the weekly time frame.
ANNX 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 | 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 | 96.67 | POSITIVE | ANNX has a high relative strength, it outperformed 96.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANNX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANNX is below a declining 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) | 51.77 | NEUTRAL | The RSI value for ANNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ANNX has a positive trend. |
| Stochastics (14,3) | 49.13 | NEUTRAL | The Stochastics value for ANNX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for ANNX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.21 | NEGATIVE | The low ADX value for ANNX suggests a weak or negative trend. |
ANNX Chart- and CandleStick Pattern Analysis
ANNX Technicals: Chart, Performance Metrics, Trend & Indicators
5.5
+0.14 (+2.61%)
ANNEXON INC / ANNX TA FAQ
What is the technical rating for ANNX stock?
ChartMill assigns a technical rating of 8 / 10 to ANNX.
What is the current trend direction of ANNEXON INC (ANNX) stock?
The current trend direction for ANNEXON INC (ANNX) is Bullish.
What is the RSI signal for ANNX stock?
ANNEXON INC (ANNX) has an RSI value of 51.7731. This indicates that the stock is currently neutral.
What is the MACD signal for ANNEXON INC (ANNX) stock?
The MACD indicator for ANNEXON INC (ANNX) has a value of 0.0105445, indicating a bearish trend.
What are the support and resistance levels for ANNEXON INC (ANNX) stock?
ANNEXON INC (ANNX) has a support level at 5.03 and a resistance level at 5.59. Check the full technical report for our detailed analysis of ANNX support and resistance levels.