AADI BIOSCIENCE INC (AADI)

US00032Q1040 - Common Stock

2.09  +0.07 (+3.47%)

Technical Rating and Analysis

1

We assign a technical rating of 1 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.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, AADI is a bad performer in the overall market: 90% of all stocks are doing better.
AADI is part of the Biotechnology industry. There are 588 other stocks in this industry, of which 64% are performing better than AADI.
AADI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AADI is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month AADI has a been trading in the 1.66 - 2.25 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
AADI Weekly chart
AADI Daily chart
Setup Rating and Analysis

1

The technical rating of AADI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

1.67

3.23

3 important support areas can be observed.

  • A support zone ranging from 2.01 to 2.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.74 from a horizontal line in the weekly time frame.
  • A support zone ranging from 1.69 to 1.70. This zone is formed by a combination of multiple trend lines in the daily time frame.

3 important resistance areas can be observed.

  • Resistance @2.27 from a trend line in the daily time frame.
  • Resistance @2.44 from a horizontal line in the daily time frame.
  • Resistance @3.20 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.26
Mansfield-5.82
10 Day High2.06
10 Day Low1.66
20 Day High2.25
20 Day Low1.66
52 Week High8.6
52 Week Low1.55
Performance
1 Week20.24%
2 Weeks12.22%
1 Month-6.91%
3 Month16.09%
6 Month-58.44%
12 Month-74.91%
2 Year-87.46%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)54.41
LBB1.68
UBB2.01
AADI Daily chart

AADI BIOSCIENCE INC

NASDAQ:AADI (5/3/2024, 8:49:14 AM)

2.09

+0.07 (+3.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.47%
1 Week20.24%
2 Weeks12.22%
1 Month-6.91%
3 Month16.09%
6 Month-58.44%
12 Month-74.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%5.87%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.06
10 Day Low1.66
20 Day High2.25
20 Day Low1.66
52 Week High8.6
52 Week Low1.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.35K
Volume Incr1%
Vol(5)199.86K
Vol(50)379.77K