AGREE REALTY CORP (ADC) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:ADC • US0084921008
Taking everything into account, ADC scores 6 out of 10 in our technical rating. In the last year, ADC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month ADC has a been trading in the 70.77 - 77.16 range, which is quite wide. It is currently trading near the high of this range.
- ADC has an average volume of 1276120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ADC outperforms 55% of them, which is more or less in line with the market.
- ADC is an average performer in the Diversified REITs industry, it outperforms 57% of 122 stocks in the same industry.
- ADC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADC is lagging the market.
ADC has an average technical rating and the quality of the presented setup is also not ideal 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
69.52
We found 1 important support area.
- A support zone ranging from 70.22 to 74.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @76.80 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ADC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADC is up. |
| ChartMill Relative Strength | 55.59 | NEUTRAL | ADC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.19 | NEUTRAL | The RSI value for ADC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests ADC has a positive trend. |
| Stochastics (14,3) | 88.73 | OVERBOUGHT | The high Stochastics value suggests ADC may be overbought. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for ADC suggests low volalility. |
| Average Directional Index/ADX (14) | 26.83 | POSITIVE | The high ADX value value for ADC suggests a strong trend. |
76.75
+0.24 (+0.31%)
AGREE REALTY CORP / ADC FAQ
Can you provide the ChartMill technical rating for AGREE REALTY CORP?
ChartMill assigns a technical rating of 6 / 10 to ADC.
What is the trend direction for ADC stock?
The current trend direction for AGREE REALTY CORP (ADC) is Bearish.
What is the RSI signal for ADC stock?
AGREE REALTY CORP (ADC) has an RSI value of 66.1868. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for AGREE REALTY CORP?
AGREE REALTY CORP (ADC) has a support level at 74.08 and a resistance level at 76.8. Check the full technical report for our detailed analysis of ADC support and resistance levels.