AcelRx Pharma Technical Analysis (NASDAQ:ACRX)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The ACRX stock chart pattern can give those who understand technical analysis an indication of which way ACRX stock is headed, but cannot predict with 100% certainty as to what can happen to the AcelRx Pharma stock price.
See AcelRx Pharma bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for AcelRx Pharma stock analysis that does not care for the fair value of a company but uses price and volume data only.
AcelRx Pharma Moving Average
Moving averages show the average price of ACRX stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for AcelRx Pharma are mostly signals of long term trends and will help long term traders.
AcelRx Pharma Bollinger Bands
Bollinger bands comprise of a center line usually ACRX SMA, and two ACRX stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. AcelRx Pharma bollinger bands show that the stock price is $3.95, upper band is 3.87, lower band is 2.75, and the average is 3.31.
AcelRx Pharma Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The AcelRx Pharma MACD indicator is below 0 indicating a bearish trend.
AcelRx Pharma Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of ACRX stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.