ADCORE INC (ADCO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ADCO - CA00654B1040 - Common Stock
Taking everything into account, ADCO scores 1 out of 10 in our technical rating. ADCO'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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 98% of all other stocks performed better in the past year than ADCO.
- ADCO is one of the lesser performing stocks in the Software industry. 79% of 68 stocks in the same industry do better.
- ADCO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: ADCO has an average volume of 24035 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ADCO has a been trading in the 0.14 - 0.17 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
The technical rating of ADCO is bad and it also does not present a quality setup 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
0.14
When analyzing the support we notice one important area.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.23 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for ADCO.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADCO.CA is neutral. |
| ChartMill Relative Strength | 2.17 | NEGATIVE | ADCO.CA has a low relative strength, it was outperformed by 97.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADCO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADCO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADCO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.13 | NEUTRAL | The RSI value for ADCO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ADCO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.71 | OVERBOUGHT | The high Stochastics value suggests ADCO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for ADCO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.4 | POSITIVE | The high ADX value value for ADCO.CA suggests a strong trend. |
TSX:ADCO (1/23/2026, 7:00:00 PM)
0.16
-0.01 (-5.88%)
ADCORE INC / ADCO.CA FAQ
What is the ChartMill technical rating of ADCORE INC (ADCO.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to ADCO.CA.
What is the trend direction for ADCO stock?
The current trend direction for ADCORE INC (ADCO.CA) is Bearish.
Can you provide the RSI signal for ADCORE INC?
ADCORE INC (ADCO.CA) has an RSI value of 47.1315. This indicates that the stock is currently neutral.
What is the short term momentum for ADCORE INC (ADCO.CA) stock?
The short term momentum for ADCORE INC (ADCO.CA) is neutral.