Taking everything into account, ADAM scores 6 out of 10 in our technical rating. ADAM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, ADAM is a bad performer in the overall market: 100% of all stocks are doing better.
- ADAM is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, of which 86% are performing better than ADAM.
- The long and short term trends are both positive. This is looking good!
- In the last month ADAM has a been trading in the 7.13 - 8.18 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.
ADAM has an average technical rating and it also does not offer a high 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.
More info and screens
6.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 7.47 to 7.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.05 to 7.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.92 from a horizontal line in the daily time frame.
- Support @6.78 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 | UP | POSITIVE | The long term trend for ADAM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADAM is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ADAM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADAM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADAM is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 75.7 | OVERBOUGHT | The high RSI value suggests ADAM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ADAM has a positive trend. |
| Stochastics (14,3) | 93.43 | OVERBOUGHT | The high Stochastics value suggests ADAM may be overbought. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for ADAM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.9 | POSITIVE | The high ADX value value for ADAM suggests a strong trend. |
8.14
+0.28 (+3.56%)
ADAMAS TRUST INC / ADAM FAQ
What is the ChartMill technical rating of ADAMAS TRUST INC (ADAM) stock?
ChartMill assigns a technical rating of 6 / 10 to ADAM.
What is the trend direction for ADAM stock?
The current trend direction for ADAMAS TRUST INC (ADAM) is Bullish.
What is the RSI signal for ADAMAS TRUST INC (ADAM) stock?
ADAMAS TRUST INC (ADAM) has an RSI value of 75.6999. This indicates that the stock is currently overbought.
What is the buy/sell signal for ADAM stock?
The buy/sell signal for ADAMAS TRUST INC (ADAM) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ADAMAS TRUST INC (ADAM) stock?
ADAMAS TRUST INC (ADAM) has a support level at 7.49. Check the full technical report for our detailed analysis of ADAM support and resistance levels.