ARIDIS PHARMACEUTICALS INC (ARDS) Stock Technical Analysis
NASDAQ:ARDS - Nasdaq - US0403341045 - Common Stock - Currency: USD
Taking everything into account, ARDS scores 3 out of 10 in our technical rating. In the past year, ARDS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than ARDS.
ARDS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ARDS has an average volume of 5723370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ARDS is an average performer in the Biotechnology industry, it outperforms 46% of 555 stocks in the same industry.
In the last month ARDS has a been trading in the 0.20 - 0.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ARDS is bad and it also does not present a 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
0.23
0.34
When analyzing the support we notice one important area.
- Support @0.23 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.34 from a trend 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 ARDS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARDS is neutral. |
| ChartMill Relative Strength | 15.03 | NEGATIVE | ARDS has a low relative strength, it was outperformed by 84.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARDS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARDS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARDS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.38 | NEUTRAL | The RSI value for ARDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ARDS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.39 | NEUTRAL | The Stochastics value for ARDS is a neutral value. |
| Average True Range in percent/ATR (20) | 11.43 | HIGH VOLATILITY | The high ATR as a percentage value for ARDS suggests high volalility. |
| Average Directional Index/ADX (14) | 26.92 | POSITIVE | The high ADX value value for ARDS 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)
0.3101
+0.05 (+17.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg17.91%
1 Week15.71%
2 Weeks37.82%
1 Month22.81%
3 Month33.26%
6 Month-73.72%
12 Month-72.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%11.43%
ATR Inc84.46%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.03
Mansfield-6.72
10 Day High0.41
10 Day Low0.22
20 Day High0.41
20 Day Low0.2
52 Week High2.77
52 Week Low0.15
CS1 End0.23
CR1 Start0.32
Volume & EV
DER(3)-10.13%
DER(5)-6.01%
Volume33.39M
Volume Incr3437.84%
Vol(5)14.84M
Vol(50)5.72M