ANNEXON INC (ANNX) Stock Technical Analysis
USA - NASDAQ:ANNX - US03589W1027 - Common Stock
Taking everything into account, ANNX scores 4 out of 10 in our technical rating. ANNX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
ANNX 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. There is very little resistance above the current price. There is a support zone below the current price at 2.91, a Stop Loss order could be placed below this zone.
More info and screens
2.36
We found 2 important support areas.
- A support zone ranging from 2.87 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.38 to 2.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @3.38 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ANNX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ANNX is neutral. |
| ChartMill Relative Strength | 16.91 | NEGATIVE | ANNX has a low relative strength, it was outperformed by 83.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANNX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANNX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ANNX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.43 | NEUTRAL | The RSI value for ANNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ANNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.51 | NEUTRAL | The Stochastics value for ANNX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.95 | HIGH VOLATILITY | The high ATR as a percentage value for ANNX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.17 | NEUTRAL | The ADX value for ANNX suggests a possible start of a new trend. |
2.97
-0.01 (-0.34%)
ANNEXON INC / ANNX FAQ
What is the technical rating for ANNX stock?
ChartMill assigns a technical rating of 4 / 10 to ANNX.
Can you provide the trend direction for ANNEXON INC?
The current trend direction for ANNEXON INC (ANNX) is Bearish.
Can you provide the RSI signal for ANNEXON INC?
ANNEXON INC (ANNX) has an RSI value of 47.4307. 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 -0.0447535, indicating a bearish trend.
Can you provide the short term momentum for ANNEXON INC?
The short term momentum for ANNEXON INC (ANNX) is neutral.