AGREE REALTY CORP (ADC)

US0084921008 - REIT

57.0701  -0.49 (-0.85%)

Technical Rating and Analysis

3

Overall ADC gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ADC was also a bad performer in the overall market in the last year.

77% of all other stocks performed better in the past year than ADC.
ADC is one of the lesser performing stocks in the Diversified REITs industry. 67% of 126 stocks in the same industry do better.
ADC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ADC is lagging the market.
In the last month ADC has a been trading in the 54.78 - 58.56 range, which is quite wide. It is currently trading near the high of this range.
ADC has an average volume of 1109720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Weekly and Daily overview Charts
ADC Weekly chart
ADC Daily chart
Setup Rating and Analysis

8

ADC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 57.51, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

53.31

64.36

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 55.23 to 56.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 53.85 to 54.31. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 57.34 to 57.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 59.63 to 60.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 62.33 to 63.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.57
Mansfield-1.39
10 Day High57.66
10 Day Low54.78
20 Day High58.56
20 Day Low54.78
52 Week High69.26
52 Week Low52.69
Performance
1 Week4.85%
2 Weeks-1.52%
1 Month2.64%
3 Month-3.21%
6 Month5.96%
12 Month-15.34%
2 Year-15.25%
3 Year-18.19%
5 Year-12.08%
10 Year92.7%
15 Year260.65%
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)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)56.5
LBB54.63
UBB58.22
ADC Daily chart

AGREE REALTY CORP

NYSE:ADC (4/24/2024, 8:35:01 AM)

57.0701

-0.49 (-0.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.85%
1 Week4.85%
2 Weeks-1.52%
1 Month2.64%
3 Month-3.21%
6 Month5.96%
12 Month-15.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.05
ATR(20)%1.61%
ATR Inc
Range Today0.93
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High57.66
10 Day Low54.78
20 Day High58.56
20 Day Low54.78
52 Week High69.26
52 Week Low52.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume21.02K
Volume Incr14.76%
Vol(5)1.02M
Vol(50)1.11M