21SHARES CARDANO ETP (AADA.PA) Stock Technical Analysis
EPA:AADA - Euronext Paris - Matif - CH1102728750 - ETF - Currency: EUR
Taking everything into account, AADA scores 6 out of 10 in our technical rating. In the past year, AADA was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although the technical rating is only medium, AADA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.67, a Stop Loss order could be placed below this zone.
More info and screens
6.32
We found 3 important support areas.
- A support zone ranging from 11.46 to 11.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.25 to 9.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.38 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.87 to 12.97. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @13.65 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for AADA.PA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AADA.PA is neutral. |
| ChartMill Relative Strength | 86.95 | POSITIVE | AADA.PA has a high relative strength, it outperformed 86.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AADA.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AADA.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AADA.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.19 | NEUTRAL | The RSI value for AADA.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests AADA.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.13 | OVERSOLD | The low Stochastics value suggests AADA.PA may be oversold. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for AADA.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.98 | NEGATIVE | The low ADX value for AADA.PA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.98 | 11.46 | 1.52 (11.68%) | 8.56% |
| An entry @12.98. This is a Buy Stop order right above the resistance zone. | An exit @11.46. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.52 points, which is 11.68%. | For a 1.00% total portfolio risk, you can invest 8.56% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:AADA (8/8/2025, 7:00:00 PM)
12.3725
+0.31 (+2.6%)