1ADS Technical Analysis - ADIDAS AG

Technical Rating and Analysis

Taking everything into account, 1ADS scores 0 out of 10 in our technical rating. 1ADS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

82% of all other stocks performed better in the past year than 1ADS.

1ADS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

Warning: 1ADS has an average volume of 732 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

1ADS is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 48% of 44 stocks in the same industry.

In the last month 1ADS has a been trading in the 164.50 - 213.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

1ADS has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

158.48

182.06

We found 2 important support areas.

A support zone ranging from 164.79 to 167.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @160.08 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 180.26 to 180.26. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for 1ADS.MI is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for 1ADS.MI is down.
ChartMill Relative Strength	18.15	NEGATIVE	1ADS.MI has a low relative strength, it was outperformed by 81.85% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of 1ADS.MI is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of 1ADS.MI is below a declining SMA(50).
Relative Strength Index/RSI (14)	44.48	NEUTRAL	The RSI value for 1ADS.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	2.33	POSITIVE	The MACD value suggests 1ADS.MI has a positive trend.
Stochastics (14,3)	39.39	NEUTRAL	The Stochastics value for 1ADS.MI is a neutral value.
Average True Range in percent/ATR (20)	4.81	MEDIUM VOLATILITY	The ATR as a percentage value for 1ADS.MI suggests some volalility.
Average Directional Index/ADX (14)	16.5	NEGATIVE	The low ADX value for 1ADS.MI suggests a weak or negative trend.