Bullish vs. Bearish (21 opinions)
Social Sentiment 0.06
ACRX Forecast and Technical Stock Analysis
Sell candidate since 2020-01-16 Loss -4.52% PDF
AcelRx Pharmaceuticals fell by -4.52% in the last day ( Friday, 17th Jan 2020 ) from $1.99 to $1.90 During the day the stock fluctuated 5.26% from a day low at $1.90 to a day high of $2.00. The price has fallen in 6 of the last 10 days and is down by -6.86% for this period. Volume has increased in the last day by 65 434 shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 687 168 shares bought and sold for approximately $1.31 million.
- 30 day high of the ACRX stock price was $2.44 and low was $1.83.
- 90 day high was $2.50 and low was $1.64.
- 52 week high for AcelRx Pharmaceuticals - $4.09 and low - $1.64.
AcelRx Pharmaceuticals lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.67% during the next 3 months and, with 90% probability hold a price between $1.74 and $2.48 at the end of this period.
There are few to none technical positive signals at the moment. AcelRx Pharmaceuticals holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $1.95 and $2.06. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday January 16, 2020, which indicates further falls until a new bottom pivot has been found. AcelRx Pharmaceuticals gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
The stock currently holds a RSI14 at 23 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $1.78 and $1.76.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, AcelRx Pharmaceuticals finds support just below today's level at $1.78. If this is broken, then the next support from accumulated volume will be at $1.76 and $1.66.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.10 between high and low, or 5.26%. For the last week, the stock has had a daily average volatility of 4.65%.
AcelRx Pharmaceuticals is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
4.65 %Average volatility
Very Low Low Medium High Very High
|ACRX $1.90 ($-0.09 -4.52%)|
ACRX is down $0.09 today, but where's it headed in 2020?
|Zacks Investment Research is releasing its prediction for ACRX based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the ACRX analysis is free »
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.