ACELYRIN INC (SLRN) Stock Technical Analysis
NASDAQ:SLRN - Nasdaq - US00445A1007 - Common Stock - Currency: USD
Overall SLRN gets a technical rating of 0 out of 10. SLRN'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.
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, SLRN is a bad performer in the overall market: 88% of all stocks are doing better.
SLRN 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.
SLRN has an average volume of 1012820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SLRN is part of the Biotechnology industry. There are 560 other stocks in this industry, SLRN did better than 42% of them.
In the last month SLRN has a been trading in the 1.95 - 2.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SLRN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
2.02
3.96
When analyzing the support we can see 2 important areas.
- Support @2.24 from a trend line in the weekly time frame.
- A support zone ranging from 2.04 to 2.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- Resistance @2.38 from a trend line in the daily time frame.
- Resistance @2.50 from a trend line in the daily time frame.
- A resistance zone ranging from 2.58 to 2.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.92 from a trend line in the weekly 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 SLRN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLRN is neutral. |
| ChartMill Relative Strength | 12.49 | NEGATIVE | SLRN has a low relative strength, it was outperformed by 87.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLRN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLRN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLRN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.51 | NEUTRAL | The RSI value for SLRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SLRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.31 | NEUTRAL | The Stochastics value for SLRN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.49 | HIGH VOLATILITY | The high ATR as a percentage value for SLRN suggests high volalility. |
| Average Directional Index/ADX (14) | 14.1 | NEGATIVE | The low ADX value for SLRN suggests a weak or negative 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)
2.27
+0.04 (+1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.79%
1 Week8.61%
2 Weeks-6.2%
1 Month-2.99%
3 Month-12.69%
6 Month-51.7%
12 Month-45.04%
2 Year-87.46%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%8.49%
ATR Inc-32.92%
Range Today0.16
ADR(20)0.19
ADR(20)%8.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.49
Mansfield-4.4
10 Day High2.56
10 Day Low1.95
20 Day High2.66
20 Day Low1.95
52 Week High7.25
52 Week Low1.85
CS1 End2.24
CR1 Start2.38
Volume & EV
DER(3)-3.88%
DER(5)-2.75%
Volume4.08M
Volume Incr169.94%
Vol(5)2.08M
Vol(50)1.01M