USA - NASDAQ:ADAP - US00653A1079 - ADR
We assign a technical rating of 2 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.
Although the technical rating is bad, ADAP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
0.12
We found 1 important support area.
When analyzing the resistance we notice 4 important areas.
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 | 1.08 | NEGATIVE | ADAP has a low relative strength, it was outperformed by 98.92% 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) | DOWN | MIXED | The current price of ADAP is above a declining 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) | 55.54 | NEUTRAL | The RSI value for ADAP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ADAP has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 42.71 | NEUTRAL | The Stochastics value for ADAP is a neutral value. |
Average True Range in percent/ATR (20) | 21.55 | HIGH VOLATILITY | The high ATR as a percentage value for ADAP suggests high volalility. |
Average Directional Index/ADX (14) | 39.81 | POSITIVE | The high ADX value value for ADAP suggests a strong trend. |
0.129
+0.01 (+6.52%)