ANNEXON INC (ANNX) Stock Technical Analysis
NASDAQ:ANNX - Nasdaq - US03589W1027 - Common Stock - Currency: USD
Overall ANNX gets a technical rating of 5 out of 10. ANNX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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.
ANNX has an average volume of 1576270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, ANNX outperforms 50% of them, which is more or less in line with the market.
ANNX is an average performer in the Biotechnology industry, it outperforms 63% of 557 stocks in the same industry.
In the last month ANNX has a been trading in the 1.85 - 3.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ANNX has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.31
2.93
When analyzing the support we notice one important area.
- Support @2.33 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.76 from a trend line in the daily time frame.
- A resistance zone ranging from 2.90 to 2.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for ANNX is up. |
| ChartMill Relative Strength | 50.78 | NEUTRAL | ANNX is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of ANNX is above the rising 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) | 53.16 | NEUTRAL | The RSI value for ANNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ANNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.6 | NEUTRAL | The Stochastics value for ANNX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.87 | HIGH VOLATILITY | The high ATR as a percentage value for ANNX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.32 | POSITIVE | The high ADX value value for ANNX suggests a strong 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)
2.58
-0.22 (-7.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-7.86%
1 Week-10.73%
2 Weeks5.31%
1 Month2.38%
3 Month73.15%
6 Month-46.58%
12 Month-57.57%
2 Year-25.22%
3 Year-48.5%
5 Year-85.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%9.87%
ATR Inc247.96%
Range Today0.21
ADR(20)0.25
ADR(20)%9.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.78
Mansfield-4.43
10 Day High3.11
10 Day Low1.85
20 Day High3.11
20 Day Low1.85
52 Week High7.85
52 Week Low1.28
CS1 End2.33
CR1 Start2.76
Volume & EV
DER(3)-1.45%
DER(5)-2.44%
Volume1.60M
Volume Incr105.19%
Vol(5)3.05M
Vol(50)1.58M