Taking everything into account, ANNX scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ANNX is showing a nice and steady performance.
Although ANNX has an excellent technical rating, it does not offer a high quality setup 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
2.50
We found 2 important support areas.
- A support zone ranging from 2.93 to 2.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.53 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.98 to 5.05. 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 | UP | POSITIVE | The long term trend for ANNX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANNX is up. |
| ChartMill Relative Strength | 94.09 | POSITIVE | ANNX has a high relative strength, it outperformed 94.09% 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) | UP | POSITIVE | The current price of ANNX is above the rising 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) | 71.34 | OVERBOUGHT | The high RSI value suggests ANNX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ANNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.84 | OVERBOUGHT | The high Stochastics value suggests ANNX may be overbought. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for ANNX suggests high volalility. |
| Average Directional Index/ADX (14) | 40.62 | POSITIVE | The high ADX value value for ANNX suggests a strong trend. |
4.97
-0.07 (-1.39%)
ANNEXON INC / ANNX FAQ
What is the technical rating for ANNX stock?
ChartMill assigns a technical rating of 9 / 10 to ANNX.
Can you provide the trend direction for ANNEXON INC?
The current trend direction for ANNEXON INC (ANNX) is Bullish.
Can you provide the RSI signal for ANNEXON INC?
ANNEXON INC (ANNX) has an RSI value of 71.3373. This indicates that the stock is currently overbought.
What is the MACD signal for ANNEXON INC (ANNX) stock?
The MACD indicator for ANNEXON INC (ANNX) has a value of 0.050262, indicating a bearish trend.
Can you provide the short term momentum for ANNEXON INC?
The short term momentum for ANNEXON INC (ANNX) is positive.