ADAGENE INC-ADR (ADAG) Stock Technical Analysis
USA - NASDAQ:ADAG - US0053291078 - ADR
1.99 USD
0 (0%)
Taking everything into account, ADAG scores 2 out of 10 in our technical rating. ADAG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ADAG is a bad performer in the overall market: 68% of all stocks are doing better.
In the last month ADAG has a been trading in the 1.93 - 3.16 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ADAG is an average performer in the Biotechnology industry, it outperforms 49% of 536 stocks in the same industry.
ADAG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADAG is lagging the market.
Considerably lower volume is observed in the last couple of days.
ADAG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADAG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.67
2.75
We found 4 important support areas.
- A support zone ranging from 1.95 to 1.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.81 from a trend line in the weekly time frame.
- Support @1.76 from a trend line in the daily 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.06 to 2.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.25 to 2.26. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @2.72 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 | NEUTRAL | NEUTRAL | The long term trend for ADAG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADAG is down. |
| ChartMill Relative Strength | 32.35 | NEUTRAL | ADAG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADAG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ADAG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ADAG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.11 | NEUTRAL | The RSI value for ADAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ADAG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.32 | OVERSOLD | The low Stochastics value suggests ADAG may be oversold. |
| Average True Range in percent/ATR (20) | 9.58 | HIGH VOLATILITY | The high ATR as a percentage value for ADAG suggests high volalility. |
| Average Directional Index/ADX (14) | 31.73 | POSITIVE | The high ADX value value for ADAG 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)
NASDAQ:ADAG (10/1/2025, 3:04:06 PM)
1.99
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-2.93%
2 Weeks-6.57%
1 Month-6.13%
3 Month7.57%
6 Month25.9%
12 Month-9.95%
2 Year30.07%
3 Year55.47%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%9.58%
ATR Inc-41.29%
Range Today0.05
ADR(20)0.18
ADR(20)%9.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.35
Mansfield-0.98
10 Day High2.24
10 Day Low1.93
20 Day High3.16
20 Day Low1.93
52 Week High3.16
52 Week Low1.33
CS1 End1.95
CR1 Start2.06
Volume & EV
DER(3)4.44%
DER(5)14.79%
Volume23.17K
Volume Incr-59.41%
Vol(5)36.38K
Vol(50)88.76K