ACLARIS THERAPEUTICS INC (ACRS)

US00461U1051 - Common Stock

2.95  +0.23 (+8.46%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to ACRS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month ACRS has a been trading in the 2.71 - 4.44 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.
ACRS is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. ACRS outperforms 97% of them.
ACRS has an average volume of 2910610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that ACRS is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ACRS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACRS is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ACRS Weekly chart
ACRS Daily chart
Setup Rating and Analysis

4

ACRS has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

1.09

3.82

2 important support areas can be observed.

  • A support zone ranging from 2.61 to 2.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.10 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @3.78 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.29
Mansfield6.98
10 Day High4.03
10 Day Low2.71
20 Day High4.44
20 Day Low2.71
52 Week High5.17
52 Week Low0.86
Performance
1 Week-15.53%
2 Weeks-30.96%
1 Month-37.04%
3 Month136.52%
6 Month136.52%
12 Month154.21%
2 Year-82.73%
3 Year-81.29%
5 Year43.92%
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)-0.18
RSI(14)41.17
LBB2.6
UBB4.22
ACRS Daily chart

ACLARIS THERAPEUTICS INC

NASDAQ:ACRS (12/23/2024, 1:12:10 PM)

2.95

+0.23 (+8.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg8.46%
1 Week-15.53%
2 Weeks-30.96%
1 Month-37.04%
3 Month136.52%
6 Month136.52%
12 Month154.21%
2 Year-82.73%
3 Year-81.29%
5 Year43.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%12.33%
ATR Inc-12.18%
Range Today0.28
ADR(20)0.33
ADR(20)%11.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.29
Mansfield6.98
10 Day High4.03
10 Day Low2.71
20 Day High4.44
20 Day Low2.71
52 Week High5.17
52 Week Low0.86
CS1 End2.71
CR1 Start3.78
Volume & EV
DER(3)-2.38%
DER(5)-0.86%
Volume1.28M
Volume Incr-79.88%
Vol(5)1.15M
Vol(50)2.91M