21SHARES CARDANO ETP (ADAA.DE) Stock Technical Analysis
FRA:ADAA - Deutsche Boerse Ag - CH1102728750 - ETF - Currency: EUR
Overall ADAA gets a technical rating of 7 out of 10. In the past year, ADAA 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.
Warning: ADAA has an average volume of 24925 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ADAA has a been trading in the 8.54 - 13.91 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that ADAA is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
ADAA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADAA is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ADAA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.76
13.90
When analyzing the support we notice one important area.
- A support zone ranging from 8.85 to 8.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @12.96 from a horizontal line in the weekly time frame.
- Resistance @13.76 from a horizontal 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 ADAA.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADAA.DE is up. |
| ChartMill Relative Strength | 94.96 | POSITIVE | ADAA.DE has a high relative strength, it outperformed 94.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADAA.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADAA.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADAA.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.8 | NEUTRAL | The RSI value for ADAA.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests ADAA.DE has a positive trend. |
| Stochastics (14,3) | 87.02 | OVERBOUGHT | The high Stochastics value suggests ADAA.DE may be overbought. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ADAA.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 29.4 | POSITIVE | The high ADX value value for ADAA.DE 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)
FRA:ADAA (7/18/2025, 7:00:00 PM)
12.955
+0.24 (+1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.9%
1 Week7.36%
2 Weeks44.75%
1 Month35.72%
3 Month28.27%
6 Month-36.53%
12 Month73.58%
2 Year136.49%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%4.58%
ATR Inc146.47%
Range Today0.96
ADR(20)0.4
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.96
Mansfield0.54
10 Day High13.91
10 Day Low9.05
20 Day High13.91
20 Day Low8.54
52 Week High23.1
52 Week Low5.35
CS1 End8.93
CR1 Start12.96
Volume & EV
DER(3)0%
DER(5)0%
Volume82.14K
Volume Incr121.99%
Vol(5)47.47K
Vol(50)24.93K