Will the Momentum Continue? AcelRx Pharmaceuticals Inc (NASDAQ:ACRX)?

AcelRx Pharmaceuticals Inc (NASDAQ:ACRX) is edging up in the morning session on Thursday.

Market Action

As of 10:23, ACRX stock has gained 6.50% to $1.29. The stock has traded 549K shares, compared to its average volume of 2.47 million shares.  The stock opened at $1.21 and moved in a range of $1.1900 – 1.2900.

ACRX Releases News Today

  • ACRX announced an investigator-initiated study to be conducted at Tampa General Hospital to evaluate the use of DSUVIA for patients with sickle cell disease presenting to the emergency department (ED) with painful vaso-occlusive crisis (VOC).
  • The study will enroll 100 patients presenting to the emergency department with VOC who are administered DSUVIA to manage the patients’ moderate-to-severe acute pain until an IV line can be accessed.
  • The IV line is important for hydration, high-dose IV opioid administration as these patients are often opioid-tolerant, as well as administration of other parenteral medications.

Trader Notes

Share Information

SHARES OUTSTANDING119.10 M
SHARE FLOAT (%)116.85 M (98.10%)
% HELD BY INSTITUTIONS35.10

Recent Stock Performance

5-DAY PERF.+24.28%
1-MONTH PERF.+9.41%
3-MONTH PERF.-40.74%
6-MONTH PERF.-15.78%
YTD PERF.+3.23%
1-YEAR PERF.-11.10%

Moving Averages

+/- EMA(20)1.22 (+4.92%)
+/- SMA(50)1.44 (-11.11%)
+/- SMA(200)1.58 (-18.99%)

Pivot Points]

NameS3S2S1Pivot PointsR1R2R3
Classic0.87870.91690.99351.03171.10831.14651.2231
Fibonacci0.91690.96080.98791.03171.07561.10271.1465

Technical Indicators

SymbolValueResultSymbolValueResult
ADX12.0796NeutralATR140.0794
CCI2088.7660BuyChaikin Money Flow0.1135Buy
MACD-0.0222SellMoney Flow Index41.4044Sell
ROC8.8394BuyRSI57.5426Buy
STOCH (14,3)100.0000OverBoughtSTOCH RSI1.0000OverBought
UO73.6930OverBoughtWilliams %R0.0000OverBought

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