ANNEXON INC (ANNX) Stock Technical Analysis
NASDAQ:ANNX - US03589W1027 - Common Stock
2.11 USD
-0.04 (-1.86%)
2.11 USD
0 (0%)
Taking everything into account, ANNX scores 0 out of 10 in our technical rating. ANNX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
94% of all other stocks performed better in the past year than ANNX.
ANNX is one of the lesser performing stocks in the Biotechnology industry. 73% of 547 stocks in the same industry do better.
ANNX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ANNX has a been trading in the 2.06 - 2.71 range, which is quite wide. It is currently trading near the lows of this range.
ANNX has an average volume of 1512350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ANNX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.08
2.62
When analyzing the support we notice one important area.
- A support zone ranging from 2.10 to 2.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.32 to 2.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.41 to 2.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.50 from a trend line in the daily time frame.
- Resistance @2.59 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 ANNX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANNX is down. |
| ChartMill Relative Strength | 6.76 | NEGATIVE | ANNX has a low relative strength, it was outperformed by 93.24% 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) | DOWN | NEGATIVE | The current price of ANNX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ANNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.09 | NEUTRAL | The RSI value for ANNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ANNX has a negative trend. |
| Stochastics (14,3) | 10.9 | OVERSOLD | The low Stochastics value suggests ANNX may be oversold. |
| Average True Range in percent/ATR (20) | 7.75 | HIGH VOLATILITY | The high ATR as a percentage value for ANNX suggests high volalility. |
| Average Directional Index/ADX (14) | 10.16 | NEGATIVE | The low ADX value for ANNX 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)
2.11
-0.04 (-1.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.86%
1 Week-1.4%
2 Weeks-18.85%
1 Month-18.53%
3 Month3.43%
6 Month-20.08%
12 Month-62.98%
2 Year-23.27%
3 Year-64.12%
5 Year-91.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%7.75%
ATR Inc-29.88%
Range Today0.13
ADR(20)0.16
ADR(20)%7.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.76
Mansfield-4.97
10 Day High2.6
10 Day Low2.06
20 Day High2.71
20 Day Low2.06
52 Week High7.85
52 Week Low1.28
CS1 End2.1
CR1 Start2.32
Volume & EV
DER(3)-8.02%
DER(5)-3.01%
Volume1.70M
Volume Incr23.53%
Vol(5)1.35M
Vol(50)1.51M