Taking everything into account, ACET scores 0 out of 10 in our technical rating. ACET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ACET has a poor technical rating and the quality of the setup is also only medium 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.
0.49
We can see 5 important resistance areas.
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 ACET is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACET is down. |
| ChartMill Relative Strength | 6 | NEGATIVE | ACET has a low relative strength, it was outperformed by 94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACET is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACET is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACET is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.14 | NEUTRAL | The RSI value for ACET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ACET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 12.49 | OVERSOLD | The low Stochastics value suggests ACET may be oversold. |
| Average True Range in percent/ATR (20) | 10.61 | HIGH VOLATILITY | The high ATR as a percentage value for ACET suggests high volalility. |
| Average Directional Index/ADX (14) | 27.36 | POSITIVE | The high ADX value value for ACET suggests a strong trend. |
0.4987
-0.02 (-3.5%)
ChartMill assigns a technical rating of 0 / 10 to ACET.
The current trend direction for ADICET BIO INC (ACET) is Bearish.
ADICET BIO INC (ACET) has an RSI value of 32.1437. This indicates that the stock is currently neutral.
The short term momentum for ADICET BIO INC (ACET) is negative.
ADICET BIO INC (ACET) has a resistance level at 0.52. Check the full technical report for our detailed analysis of ACET support and resistance levels.