We assign a technical rating of 0 out of 10 to RKDA. RKDA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 96% of all other stocks performed better in the past year than RKDA.
- RKDA is part of the Food Products industry. There are 88 other stocks in this industry, of which 85% are performing better than RKDA.
- RKDA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month RKDA has a been trading in the 1.72 - 2.75 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: RKDA has an average volume of 23824 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of RKDA 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
1.78
When analyzing the resistance we notice 2 important areas.
- Resistance @2.44 from a trend line in the daily time frame.
- Resistance @3.90 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 RKDA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RKDA is down. |
| ChartMill Relative Strength | 4.22 | NEGATIVE | RKDA has a low relative strength, it was outperformed by 95.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RKDA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RKDA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RKDA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.15 | OVERSOLD | The low RSI value suggests RKDA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RKDA has a negative trend. |
| Stochastics (14,3) | 4.55 | OVERSOLD | The low Stochastics value suggests RKDA may be oversold. |
| Average True Range in percent/ATR (20) | 8.22 | HIGH VOLATILITY | The high ATR as a percentage value for RKDA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.28 | POSITIVE | The high ADX value value for RKDA suggests a strong trend. |
1.8
+0.04 (+2.27%)
ARCADIA BIOSCIENCES INC / RKDA FAQ
Can you provide the ChartMill technical rating for ARCADIA BIOSCIENCES INC?
ChartMill assigns a technical rating of 0 / 10 to RKDA.
What is the trend direction for RKDA stock?
The current trend direction for ARCADIA BIOSCIENCES INC (RKDA) is Bearish.
Can you provide the RSI signal for ARCADIA BIOSCIENCES INC?
ARCADIA BIOSCIENCES INC (RKDA) has an RSI value of 28.1485. This indicates that the stock is currently oversold.
What is the MACD signal for RKDA stock?
The MACD indicator for ARCADIA BIOSCIENCES INC (RKDA) has a value of -0.00839148, indicating a bearish trend.
What are the support and resistance levels for ARCADIA BIOSCIENCES INC (RKDA) stock?
ARCADIA BIOSCIENCES INC (RKDA) has a resistance level at 2.44. Check the full technical report for our detailed analysis of RKDA support and resistance levels.