AADI BIOSCIENCE INC (AADI) Stock Technical Analysis
NASDAQ:AADI • US00032Q1040
Taking everything into account, AADI scores 0 out of 10 in our technical rating. AADI'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.
- When comparing the yearly performance of all stocks, AADI is a bad performer in the overall market: 82% of all stocks are doing better.
- In the last month AADI has a been trading in the 1.85 - 2.94 range, which is quite wide. It is currently trading near the lows of this range.
- AADI is part of the Biotechnology industry. There are 521 other stocks in this industry, AADI did better than 41% of them.
- AADI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AADI is lagging the market.
AADI has a poor technical rating and the quality of the setup is also not perfect 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
1.90
When analyzing the support we notice one important area.
- A support zone ranging from 1.92 to 1.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @2.11 from a horizontal line in the daily time frame.
- Resistance @2.29 from a trend line in the daily time frame.
- Resistance @2.57 from a trend line in the daily time frame.
- Resistance @3.05 from a trend line in the weekly time frame.
- Resistance @3.36 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for AADI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AADI is down. |
| ChartMill Relative Strength | 18.84 | NEGATIVE | AADI has a low relative strength, it was outperformed by 81.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AADI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AADI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AADI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.65 | NEUTRAL | The RSI value for AADI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AADI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.63 | NEUTRAL | The Stochastics value for AADI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.18 | HIGH VOLATILITY | The high ATR as a percentage value for AADI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.18 | POSITIVE | The high ADX value value for AADI suggests a strong trend. |
2.05
-0.05 (-2.38%)
AADI BIOSCIENCE INC / AADI FAQ
What is the ChartMill technical rating of AADI BIOSCIENCE INC (AADI) stock?
ChartMill assigns a technical rating of 0 / 10 to AADI.
What is the trend direction for AADI stock?
The current trend direction for AADI BIOSCIENCE INC (AADI) is Bearish.
What is the RSI signal for AADI stock?
AADI BIOSCIENCE INC (AADI) has an RSI value of 35.6549. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AADI BIOSCIENCE INC?
The short term momentum for AADI BIOSCIENCE INC (AADI) is negative.
What is the buy/sell signal for AADI BIOSCIENCE INC (AADI) stock?
The buy/sell signal for AADI BIOSCIENCE INC (AADI) is sell as both the short term and long term trends are negative.