ADICET BIO INC (ACET) Stock Technical Analysis
NASDAQ:ACET - Nasdaq - US0070021086 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ACET. In the past year, ACET 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 ACET.
ACET 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.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ACET is an average performer in the Biotechnology industry, it outperforms 46% of 571 stocks in the same industry.
In the last month ACET has a been trading in the 0.84 - 1.09 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.
ACET has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.99. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ACET in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.84
1.10
3 important support areas can be observed.
- A support zone ranging from 0.94 to 0.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.88 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.85 to 0.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.04 from a trend line in the daily time frame.
- Resistance @1.09 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.39
Mansfield-3.66
10 Day High1.06
10 Day Low0.84
20 Day High1.09
20 Day Low0.84
52 Week High2.61
52 Week Low0.81
Performance
1 Week8.22%
2 Weeks-5.5%
1 Month3.18%
3 Month8.16%
6 Month-34.67%
12 Month-60.59%
2 Year-87.65%
3 Year-92.56%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)52.71
LBB0.85
UBB1.06
0.9734
-0.03 (-2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.66%
1 Week8.22%
2 Weeks-5.5%
1 Month3.18%
3 Month8.16%
6 Month-34.67%
12 Month-60.59%
2 Year-87.65%
3 Year-92.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.16%
ATR Inc-41.06%
Range Today0.06
ADR(20)0.07
ADR(20)%7.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.39
Mansfield-3.66
10 Day High1.06
10 Day Low0.84
20 Day High1.09
20 Day Low0.84
52 Week High2.61
52 Week Low0.81
CS1 End0.95
CR1 Start0.99
Volume & EV
DER(3)2.73%
DER(5)3.01%
Volume302.80K
Volume Incr-71.41%
Vol(5)432.92K
Vol(50)911.60K