AGREE REALTY CORP (ADC)

US0084921008 - REIT

66.67  +0.36 (+0.54%)

Technical Rating and Analysis

8

Overall ADC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ADC is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
ADC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ADC is lagging the market slightly.
In the last month ADC has a been trading in the 60.42 - 68.08 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, ADC outperforms 62% of them, which is more or less in line with the market.
ADC is part of the Diversified REITs industry. There are 127 other stocks in this industry, ADC did better than 51% of them.
Weekly and Daily overview Charts
ADC Weekly chart
ADC Daily chart
Setup Rating and Analysis

2

Although ADC has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

53.78

68.00

We found 4 important support areas.

  • A support zone ranging from 61.50 to 63.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 58.88 to 60.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 56.23 to 57.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @54.32 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 66.68 to 67.33. 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
CRS62.38
Mansfield-0.28
10 Day High68.08
10 Day Low61.34
20 Day High68.08
20 Day Low60.42
52 Week High68.08
52 Week Low52.69
Performance
1 Week1.52%
2 Weeks7%
1 Month7.82%
3 Month14.78%
6 Month11.5%
12 Month0.96%
2 Year-16.69%
3 Year-11.76%
5 Year-0.81%
10 Year126.47%
15 Year239.7%
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)0.37
RSI(14)69.92
LBB59.96
UBB68.23
ADC Daily chart

AGREE REALTY CORP

NYSE:ADC (7/23/2024, 12:36:21 PM)

66.67

+0.36 (+0.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.54%
1 Week1.52%
2 Weeks7%
1 Month7.82%
3 Month14.78%
6 Month11.5%
12 Month0.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.99
ATR(20)%1.44%
ATR Inc
Range Today0.89
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 High68.08
10 Day Low61.34
20 Day High68.08
20 Day Low60.42
52 Week High68.08
52 Week Low52.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume340.97K
Volume Incr-2.75%
Vol(5)751.20K
Vol(50)735.74K