Overall ACRS gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ACRS is showing a nice and steady performance.
Although ACRS has an excellent technical rating, it does not present a decent entry opportunity 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.
1.14
3 important support areas can be observed.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for ACRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACRS is up. |
| ChartMill Relative Strength | 91.77 | POSITIVE | ACRS has a high relative strength, it outperformed 91.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.28 | NEUTRAL | The RSI value for ACRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ACRS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.74 | NEUTRAL | The Stochastics value for ACRS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for ACRS suggests high volalility. |
| Average Directional Index/ADX (14) | 46.14 | POSITIVE | The high ADX value value for ACRS suggests a strong trend. |
3.17
-0.08 (-2.46%)
ChartMill assigns a technical rating of 9 / 10 to ACRS.
The current trend direction for ACLARIS THERAPEUTICS INC (ACRS) is Bullish.
ACLARIS THERAPEUTICS INC (ACRS) has an RSI value of 62.2796. This indicates that the stock is currently neutral.
The MACD indicator for ACLARIS THERAPEUTICS INC (ACRS) has a value of 0.0286574, indicating a bearish trend.
The short term momentum for ACLARIS THERAPEUTICS INC (ACRS) is positive.