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Akcea Therapeutics Inc (AKCA) Stock Technical Analysis

NASDAQ:AKCA - Nasdaq -

18.17  +0.03 (+0.17%)

After market: 18.15 -0.02 (-0.11%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to AKCA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AKCA is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
AKCA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AKCA is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that AKCA is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month AKCA has a been trading in a tight range between 18.05 and 18.22.
Weekly and Daily overview Charts
Akcea Therapeutics Inc / AKCA Weekly stock chart
Akcea Therapeutics Inc / AKCA Daily stock chart
Setup Rating and Analysis

9

Besides having an excellent technical rating, AKCA also presents 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 18.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.14, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

11.04

18.63

We found 3 important support areas.

  • A support zone ranging from 18.00 to 18.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @12.16 from a trend line in the daily time frame.
  • Support @11.15 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 18.18 to 18.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS76.92
Mansfield0.1
10 Day High18.22
10 Day Low18.08
20 Day High18.22
20 Day Low18.05
52 Week High21.71
52 Week Low8
Performance
1 Week0.22%
2 Weeks0.17%
1 Month0.17%
3 Month39.66%
6 Month11.88%
12 Month-8%
2 YearN/A
3 YearN/A
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)-0.2
RSI(14)78.46
LBB18.12
UBB18.16
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
18.2318.070.16 (0.88%)25.00%
An entry @18.23. This is a Buy Stop order right above the 10 day high.An exit @18.07. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.16 points, which is 0.88%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.22%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Akcea Therapeutics Inc / AKCA Daily stock chart

Akcea Therapeutics Inc

NASDAQ:AKCA (10/9/2020, 8:24:15 PM)

After market: 18.15 -0.02 (-0.11%)

18.17

+0.03 (+0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.17%
1 Week0.22%
2 Weeks0.17%
1 Month0.17%
3 Month39.66%
6 Month11.88%
12 Month-8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.31%
ATR Inc-52%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.92
Mansfield0.1
10 Day High18.22
10 Day Low18.08
20 Day High18.22
20 Day Low18.05
52 Week High21.71
52 Week Low8
CS1 End18.14
CR1 Start18.18
Volume & EV
DER(3)-4.24%
DER(5)-4.46%
Volume815.30K
Volume Incr-10.62%
Vol(5)612.48K
Vol(50)636.57K