Taking everything into account, ADAMN scores 3 out of 10 in our technical rating. In the last year, ADAMN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, ADAMN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 21.90, a Stop Loss order could be placed below this zone.
More info and screens
21.33
We found 1 important support area.
- A support zone ranging from 21.55 to 21.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.15 to 22.60. 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 ADAMN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADAMN is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ADAMN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADAMN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ADAMN is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 47.93 | NEUTRAL | The RSI value for ADAMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ADAMN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.83 | NEUTRAL | The Stochastics value for ADAMN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for ADAMN suggests low volalility. |
| Average Directional Index/ADX (14) | 35.28 | POSITIVE | The high ADX value value for ADAMN suggests a strong trend. |
22.14
-0.06 (-0.27%)
ADAMAS TRUST INC - ADAM 8 PERP / ADAMN FAQ
What is the technical rating for ADAMN stock?
ChartMill assigns a technical rating of 3 / 10 to ADAMN.
What is the current trend direction of ADAMAS TRUST INC - ADAM 8 PERP (ADAMN) stock?
The current trend direction for ADAMAS TRUST INC - ADAM 8 PERP (ADAMN) is Bullish.
What is the RSI signal for ADAMN stock?
ADAMAS TRUST INC - ADAM 8 PERP (ADAMN) has an RSI value of 47.9298. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ADAMAS TRUST INC - ADAM 8 PERP?
ADAMAS TRUST INC - ADAM 8 PERP (ADAMN) has a support level at 21.9 and a resistance level at 22.15. Check the full technical report for our detailed analysis of ADAMN support and resistance levels.