ARDELYX INC (ARDX) Stock Technical Analysis
NASDAQ:ARDX - Nasdaq - US0396971071 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ARDX. In the past year, ARDX 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.
89% of all other stocks performed better in the past year than ARDX.
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.
In the last month ARDX has a been trading in the 3.49 - 4.34 range, which is quite wide. It is currently trading near the high of this range.
ARDX has an average volume of 5469740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ARDX is part of the Biotechnology industry. There are 555 other stocks in this industry, ARDX did better than 41% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ARDX 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
3.58
5.97
We found 2 important support areas.
- A support zone ranging from 4.18 to 4.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.62 to 3.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 5 important resistance areas.
- Resistance @4.55 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.71 to 4.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.49 from a horizontal line in the daily time frame.
- Resistance @5.62 from a horizontal line in the daily time frame.
- Resistance @5.91 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 ARDX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARDX is up. |
| ChartMill Relative Strength | 11.88 | NEGATIVE | ARDX has a low relative strength, it was outperformed by 88.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ARDX is above a declining 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) | 63.34 | NEUTRAL | The RSI value for ARDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ARDX has a positive trend. |
| Stochastics (14,3) | 80.03 | OVERBOUGHT | The high Stochastics value suggests ARDX may be overbought. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for ARDX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.93 | 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)
4.27
+0.08 (+1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.91%
1 Week15.43%
2 Weeks18.03%
1 Month6.62%
3 Month-7.91%
6 Month-15.69%
12 Month-20.79%
2 Year6.35%
3 Year500.29%
5 Year-25.84%
10 Year-78.75%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%4.43%
ATR Inc118.62%
Range Today0.15
ADR(20)0.18
ADR(20)%4.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.88
Mansfield-2.53
10 Day High4.34
10 Day Low3.49
20 Day High4.34
20 Day Low3.49
52 Week High7.18
52 Week Low3.21
CS1 End3.68
CR1 Start4.19
Volume & EV
DER(3)0.6%
DER(5)3.02%
Volume2.84M
Volume Incr3.93%
Vol(5)4.88M
Vol(50)5.47M