ADCORE INC (ADCO.CA) Stock Technical Analysis
Canada - TSX:ADCO - CA00654B1040 - Common Stock
0.245 CAD
-0.01 (-2%)
Taking everything into account, ADCO scores 3 out of 10 in our technical rating. ADCO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: ADCO has an average volume of 24755 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, ADCO outperforms 56% of them, which is more or less in line with the market.
ADCO is part of the Software industry. There are 62 other stocks in this industry, ADCO did better than 63% of them.
ADCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADCO is lagging the market.
In the last month ADCO has a been trading in the 0.22 - 0.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ADCO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.23, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.23
0.28
We found 1 important support area.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.28 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ADCO.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADCO.CA is neutral. |
| ChartMill Relative Strength | 56.68 | NEUTRAL | ADCO.CA is not amongst the best or worst performers 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) | UP | MIXED | The current price of ADCO.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.28 | 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. |
| Stochastics (14,3) | 85.71 | OVERBOUGHT | The high Stochastics value suggests ADCO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for ADCO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.65 | NEUTRAL | The ADX value for ADCO.CA suggests a possible start of a new trend. |
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)
TSX:ADCO (10/17/2025, 7:00:00 PM)
0.245
-0.01 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2%
1 Week6.52%
2 Weeks2.08%
1 Month6.52%
3 Month-12.5%
6 Month-9.26%
12 Month36.11%
2 Year22.5%
3 Year-12.5%
5 Year-53.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%3.83%
ATR Inc40%
Range Today0.01
ADR(20)0.01
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.68
Mansfield-1.22
10 Day High0.26
10 Day Low0.22
20 Day High0.26
20 Day Low0.22
52 Week High0.38
52 Week Low0.14
CS1 End0.23
CR1 Start0.26
Volume & EV
DER(3)0%
DER(5)0%
Volume31.01K
Volume Incr343.12%
Vol(5)86.44K
Vol(50)24.76K