We assign a technical rating of 6 out of 10 to ADAM. 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.
ADAM has an average technical rating and the quality of the presented setup is also not ideal 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.
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6.44
3 important support areas can be observed.
- A support zone ranging from 7.09 to 7.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.78 from a horizontal line in the daily time frame.
- A support zone ranging from 6.51 to 6.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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) | 58.49 | NEUTRAL | The RSI value for ADAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ADAM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.73 | NEUTRAL | The Stochastics value for ADAM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for ADAM suggests some volalility. |
| Average Directional Index/ADX (14) | 19.54 | NEGATIVE | The low ADX value for ADAM suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.56 | 7.01 | 0.55 (7.34%) | 13.62% |
| An entry @7.56. This is a Buy Stop order right above the 10 day high. | An exit @7.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.55 points, which is 7.34%. | When investing 13.62% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.49
+0.03 (+0.4%)
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.
Can you provide the trend direction for ADAMAS TRUST INC?
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 58.4853. This indicates that the stock is currently neutral.
What is the short term momentum for ADAMAS TRUST INC (ADAM) stock?
The short term momentum for ADAMAS TRUST INC (ADAM) is positive.
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.