AKERO THERAPEUTICS INC (AKRO) Stock Technical Analysis
NASDAQ:AKRO - Nasdaq - US00973Y1082 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to AKRO. Although AKRO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that AKRO is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by AKRO over the past year are nicely spread over this period.
AKRO is part of the Biotechnology industry. There are 568 other stocks in this industry. AKRO outperforms 96% of them.
AKRO has an average volume of 1061950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
AKRO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month AKRO has a been trading in the 31.80 - 46.14 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.
Although the technical rating is only medium, AKRO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 35.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AKRO 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
27.55
55.15
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.51 to 35.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.03 from a horizontal line in the daily time frame.
- Support @27.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 37.64 to 38.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.89 from a trend line in the daily time frame.
- A resistance zone ranging from 39.58 to 40.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.60 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.54
Mansfield3.22
10 Day High39.99
10 Day Low31.8
20 Day High46.14
20 Day Low31.8
52 Week High58.4
52 Week Low17.86
Performance
1 Week8.07%
2 Weeks-5.9%
1 Month-15.74%
3 Month49.68%
6 Month20.49%
12 Month81.26%
2 Year-15.89%
3 Year258.72%
5 Year84.46%
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)0.06
RSI(14)43.61
LBB33.39
UBB41.8
37.63
+0.19 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.51%
1 Week8.07%
2 Weeks-5.9%
1 Month-15.74%
3 Month49.68%
6 Month20.49%
12 Month81.26%
2 Year-15.89%
3 Year258.72%
5 Year84.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.28
ATR(20)%7.82%
ATR Inc-58.85%
Range Today1.18
ADR(20)2.77
ADR(20)%7.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.54
Mansfield3.22
10 Day High39.99
10 Day Low31.8
20 Day High46.14
20 Day Low31.8
52 Week High58.4
52 Week Low17.86
CS1 End35.66
CR1 Start37.64
Volume & EV
DER(3)3.42%
DER(5)3.19%
Volume521.50K
Volume Incr-45.9%
Vol(5)686.64K
Vol(50)1.06M