LEVERAGE SHARES 2X ADBE (ADBG) Technical Analysis
NASDAQ:ADBG • US8829273874
Current stock price
ADBG Technical Rating and Analysis
Taking everything into account, ADBG scores 0 out of 10 in our technical rating. ADBG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than ADBG.
- ADBG is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ADBG is lagging the market.
- In the last month ADBG has a been trading in the 4.23 - 6.46 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ADBG has an average volume of 2230440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ADBG Weekly and Daily overview Charts
ADBG Setup Rating and Analysis
ADBG 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
ADBG Support and Resistance Analysis
4.24
When analyzing the resistance we notice 2 important areas.
- Resistance @5.10 from a trend line in the daily time frame.
- Resistance @5.74 from a trend line in the daily time frame.
ADBG Technical Indicator Signal Analysis
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 ADBG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADBG is down. |
| ChartMill Relative Strength | 2.78 | NEGATIVE | ADBG has a low relative strength, it was outperformed by 97.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADBG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADBG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADBG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.46 | OVERSOLD | The low RSI value suggests ADBG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ADBG has a negative trend. |
| Stochastics (14,3) | 6.81 | OVERSOLD | The low Stochastics value suggests ADBG may be oversold. |
| Average True Range in percent/ATR (20) | 9.18 | HIGH VOLATILITY | The high ATR as a percentage value for ADBG suggests high volalility. |
| Average Directional Index/ADX (14) | 38.87 | POSITIVE | The high ADX value value for ADBG suggests a strong trend. |
ADBG Chart- and CandleStick Pattern Analysis
ADBG Technicals: Chart, Performance Metrics, Trend & Indicators
4.28
-0.24 (-5.31%)
LEVERAGE SHARES 2X ADBE / ADBG TA FAQ
What is the technical rating for ADBG stock?
ChartMill assigns a technical rating of 0 / 10 to ADBG.
Can you provide the trend direction for LEVERAGE SHARES 2X ADBE?
The current trend direction for LEVERAGE SHARES 2X ADBE (ADBG) is Bearish.
Can you provide the RSI signal for LEVERAGE SHARES 2X ADBE?
LEVERAGE SHARES 2X ADBE (ADBG) has an RSI value of 29.4598. This indicates that the stock is currently oversold.
What is the short term momentum for LEVERAGE SHARES 2X ADBE (ADBG) stock?
The short term momentum for LEVERAGE SHARES 2X ADBE (ADBG) is negative.
What is the buy/sell signal for LEVERAGE SHARES 2X ADBE (ADBG) stock?
The buy/sell signal for LEVERAGE SHARES 2X ADBE (ADBG) is sell as both the short term and long term trends are negative.