ARDELYX INC (ARDX) Stock Technical Analysis
NASDAQ:ARDX - Nasdaq - US0396971071 - Common Stock - Currency: USD
Taking everything into account, ARDX 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. ARDX was also a bad performer in the overall market in the last year.
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.
When comparing the yearly performance of all stocks, ARDX is a bad performer in the overall market: 91% of all stocks are doing better.
ARDX 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.
ARDX has an average volume of 4538190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ARDX is part of the Biotechnology industry. There are 556 other stocks in this industry, ARDX did better than 41% of them.
In the last month ARDX has a been trading in the 3.66 - 4.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ARDX has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
3.53
6.55
3 important support areas can be observed.
- A support zone ranging from 4.28 to 4.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.86 from a trend line in the daily time frame.
- Support @3.57 from a trend line in the weekly time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 4.34 to 4.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.45 to 4.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.71 from a horizontal line in the daily time frame.
- Resistance @5.31 from a trend line in the daily time frame.
- Resistance @5.62 from a horizontal line in the daily time frame.
- Resistance @6.49 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 ARDX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARDX is neutral. |
| ChartMill Relative Strength | 9.36 | NEGATIVE | ARDX has a low relative strength, it was outperformed by 90.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARDX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.49 | NEUTRAL | The RSI value for ARDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ARDX has a negative trend. |
| Stochastics (14,3) | 32.87 | NEUTRAL | The Stochastics value for ARDX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for ARDX suggests some volalility. |
| Average Directional Index/ADX (14) | 23.74 | NEUTRAL | The ADX value for ARDX suggests a possible start of a new 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)
4.29
-0.07 (-1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.61%
1 Week-2.72%
2 Weeks-4.45%
1 Month16.42%
3 Month-18.44%
6 Month-22.28%
12 Month-23.67%
2 Year8.88%
3 Year514.61%
5 Year-24.07%
10 Year-78.25%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%4.88%
ATR Inc-30.86%
Range Today0.15
ADR(20)0.2
ADR(20)%4.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.36
Mansfield-2.39
10 Day High4.72
10 Day Low4.21
20 Day High4.72
20 Day Low3.66
52 Week High7.18
52 Week Low3.21
CS1 End4.28
CR1 Start4.34
Volume & EV
DER(3)-1.84%
DER(5)-1.76%
Volume3.07M
Volume Incr-34.04%
Vol(5)2.95M
Vol(50)4.54M