Taking everything into account, ADAMN scores 2 out of 10 in our technical rating. ADAMN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
ADAMN has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
21.33
When analyzing the support we notice one important area.
- A support zone ranging from 21.55 to 21.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important 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) | DOWN | NEGATIVE | The current price of ADAMN is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.32 | NEUTRAL | The RSI value for ADAMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ADAMN has a negative trend. |
| Stochastics (14,3) | 42.93 | NEUTRAL | The Stochastics value for ADAMN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for ADAMN suggests low volalility. |
| Average Directional Index/ADX (14) | 37.98 | POSITIVE | The high ADX value value for ADAMN suggests a strong trend. |
21.9
+0.24 (+1.11%)
ADAMAS TRUST INC - ADAM 8 PERP / ADAMN FAQ
What is the technical rating for ADAMN stock?
ChartMill assigns a technical rating of 2 / 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 41.3225. 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 21.89 and a resistance level at 22.15. Check the full technical report for our detailed analysis of ADAMN support and resistance levels.