ARIDIS PHARMACEUTICALS INC (ARDS) Stock Technical Analysis
USA - NASDAQ:ARDS - US0403341045 - Common Stock
Taking everything into account, ARDS scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ARDS was also a bad performer in the overall market in the last year.
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.
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0.23
When analyzing the support we notice one important area.
- Support @0.23 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important 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. |
0.3101
+0.05 (+17.91%)
ARIDIS PHARMACEUTICALS INC / ARDS FAQ
What is the ChartMill technical rating of ARIDIS PHARMACEUTICALS INC (ARDS) stock?
ChartMill assigns a technical rating of 3 / 10 to ARDS.
What is the current trend direction of ARIDIS PHARMACEUTICALS INC (ARDS) stock?
The current trend direction for ARIDIS PHARMACEUTICALS INC (ARDS) is Bearish.
What is the RSI signal for ARIDIS PHARMACEUTICALS INC (ARDS) stock?
ARIDIS PHARMACEUTICALS INC (ARDS) has an RSI value of 57.3803. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARIDIS PHARMACEUTICALS INC?
The short term momentum for ARIDIS PHARMACEUTICALS INC (ARDS) is neutral.
What is the support and resistance level for ARDS stock?
ARIDIS PHARMACEUTICALS INC (ARDS) has a support level at 0.23 and a resistance level at 0.32. Check the full technical report for our detailed analysis of ARDS support and resistance levels.