ANNEXON INC (ANNX) Stock Technical Analysis
NASDAQ:ANNX - Nasdaq - US03589W1027 - Common Stock - Currency: USD
Overall ANNX gets a technical rating of 2 out of 10. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
66% of all other stocks performed better in the past year than ANNX.
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 1.85 - 2.96 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ANNX has an average volume of 1554140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ANNX is an average performer in the Biotechnology industry, it outperforms 56% of 551 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ANNX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.34, a Stop Loss order could be placed below this zone.
More info and screens
2.29
2.63
We found 1 important support area.
- A support zone ranging from 2.31 to 2.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.49 to 2.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.60 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 | NEUTRAL | NEUTRAL | The short term trend for ANNX is neutral. |
| ChartMill Relative Strength | 34.29 | NEUTRAL | ANNX is not amongst the best or worst performers 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 | NEGATIVE | The current price of ANNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.1 | NEUTRAL | The RSI value for ANNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ANNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.17 | NEUTRAL | The Stochastics value for ANNX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.59 | HIGH VOLATILITY | The high ATR as a percentage value for ANNX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.73 | 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)
2.48
-0.05 (-1.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.98%
1 Week4.2%
2 Weeks4.64%
1 Month-8.49%
3 Month55%
6 Month-27.91%
12 Month-54.74%
2 Year-9.82%
3 Year-57.82%
5 Year-89.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%9.59%
ATR Inc-16.02%
Range Today0.13
ADR(20)0.23
ADR(20)%9.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.29
Mansfield-4.28
10 Day High2.74
10 Day Low2.29
20 Day High2.97
20 Day Low1.85
52 Week High7.85
52 Week Low1.28
CS1 End2.34
CR1 Start2.49
Volume & EV
DER(3)-0.28%
DER(5)-2.6%
Volume631.60K
Volume Incr-49.48%
Vol(5)958.88K
Vol(50)1.55M