ADAPTIMMUNE THERAPEUTICS-ADR (ADAP) Stock Technical Analysis
NASDAQ:ADAP - Nasdaq - US00653A1079 - ADR - Currency: USD
We assign a technical rating of 4 out of 10 to ADAP. In the past year, ADAP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
92% of all other stocks performed better in the past year than ADAP.
ADAP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ADAP has a been trading in the 0.23 - 0.36 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ADAP is part of the Biotechnology industry. There are 553 other stocks in this industry, ADAP did better than 40% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ADAP 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
0.24
0.35
2 important support areas can be observed.
- Support @0.35 from a trend line in the daily time frame.
- Support @0.24 from a trend 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 | DOWN | NEGATIVE | The long term trend for ADAP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADAP is up. |
| ChartMill Relative Strength | 8.9 | NEGATIVE | ADAP has a low relative strength, it was outperformed by 91.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADAP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADAP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADAP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.38 | OVERBOUGHT | The high RSI value suggests ADAP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ADAP has a positive trend. |
| Stochastics (14,3) | 86.1 | OVERBOUGHT | The high Stochastics value suggests ADAP may be overbought. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for ADAP suggests high volalility. |
| Average Directional Index/ADX (14) | 28.32 | POSITIVE | The high ADX value value for ADAP 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)
0.3469
+0.01 (+4.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.39%
1 Week24.11%
2 Weeks29.15%
1 Month43.23%
3 Month30.76%
6 Month-41.39%
12 Month-75.04%
2 Year-63.18%
3 Year-81.25%
5 Year-96.29%
10 Year-97.69%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%5.63%
ATR Inc167.9%
Range Today0.02
ADR(20)0.02
ADR(20)%5.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.9
Mansfield-4.67
10 Day High0.36
10 Day Low0.26
20 Day High0.36
20 Day Low0.23
52 Week High1.48
52 Week Low0.2
CS1 End0.35
CR1 StartN/A
Volume & EV
DER(3)5.59%
DER(5)1.89%
Volume1.11M
Volume Incr173.95%
Vol(5)1.50M
Vol(50)704.96K