AADI BIOSCIENCE INC (AADI) Stock Technical Analysis
NASDAQ:AADI - Nasdaq - US00032Q1040 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to AADI. AADI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 AADI.
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 an average performer in the Biotechnology industry, it outperforms 56% of 558 stocks in the same industry.
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 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
1.90
3.39
We found 1 important support 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.
5 important resistance areas can be observed.
- 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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.05
-0.05 (-2.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.38%
1 Week6.22%
2 Weeks-11.06%
1 Month-24.07%
3 Month-39.53%
6 Month6.22%
12 Month-5.96%
2 Year-71.69%
3 Year-87.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%8.18%
ATR Inc-5.42%
Range Today0.17
ADR(20)0.16
ADR(20)%8.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.84
Mansfield-0.27
10 Day High2.3
10 Day Low1.85
20 Day High2.94
20 Day Low1.85
52 Week High3.81
52 Week Low1.21
CS1 End1.97
CR1 Start2.11
Volume & EV
DER(3)-2.44%
DER(5)-0.81%
Volume79.10K
Volume Incr11.12%
Vol(5)188.04K
Vol(50)196.52K