ACFN
Acorn Energy·NASDAQ
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2.81 / 10
Underperform
The technical analysis is concerning, with a 2.81/10 score and dominant bearish signals: both Long Lower and Long Upper Shadows are active, yet they contribute to a 'poor' trend assessment. Recent five-day data show no bullish indicators and a neutral-to-negative bias, implying elevated short-term risk. Traders should await a clear reversal pattern before initiating new positions.
Analysis Checks(0/2)
Long Lower Shadow
Score1.93/10
Win Rate40.48%
Hist. Signals42
Avg Return0.71%
Score1.93/10
Win Rate40.48%
Hist. Signals42
Avg Return0.71%
Long Upper Shadow
Score3.69/10
Win Rate50.00%
Hist. Signals48
Avg Return1.37%
Score3.69/10
Win Rate50.00%
Hist. Signals48
Avg Return1.37%
Long Lower Shadow
Score1.93/10
Win Rate40.48%
Hist. Signals42
Avg Return0.71%
Score1.93/10
Win Rate40.48%
Hist. Signals42
Avg Return0.71%
Long Upper Shadow
Score3.69/10
Win Rate50.00%
Hist. Signals48
Avg Return1.37%
Score3.69/10
Win Rate50.00%
Hist. Signals48
Avg Return1.37%
Technical Analysis of ACFN?
- ACFN presents a Underperform setup with a Technical Score of 2.81/10. Key technical indicators highlight an RSI of 42.23 and a MACD of -0.73, with the trend anchored by the 50-Day SMA at 16.91. Traders should monitor key support at 15.45 and resistance at 16.90.
