ADC THERAPEUTICS SA (ADCT) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:ADCT • CH0499880968
We assign a technical rating of 9 out of 10 to ADCT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ADCT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ADCT is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by ADCT over the past year are nicely spread over this period.
- ADCT is one of the better performing stocks in the Biotechnology industry, it outperforms 86% of 523 stocks in the same industry.
- ADCT 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 ADCT is lagging the market slightly.
- In the last month ADCT has a been trading in the 3.25 - 4.20 range, which is quite wide. It is currently trading near the high of this range.
- ADCT has an average volume of 1218300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ADCT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADCT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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3.17
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.74 to 3.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.60 to 3.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.49 to 3.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.20 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.05 to 4.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @4.36 from a trend line in the weekly time frame.
- Resistance @4.47 from a horizontal line in the weekly time frame.
- Resistance @4.61 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 | UP | POSITIVE | The long term trend for ADCT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADCT is up. |
| ChartMill Relative Strength | 95.31 | POSITIVE | ADCT has a high relative strength, it outperformed 95.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ADCT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADCT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.17 | NEUTRAL | The RSI value for ADCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ADCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.31 | NEUTRAL | The Stochastics value for ADCT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.2 | HIGH VOLATILITY | The high ATR as a percentage value for ADCT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.71 | NEGATIVE | The low ADX value for ADCT suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.11 | 3.73 | 0.38 (9.25%) | 10.82% |
| An entry @4.11. This is a Buy Stop order right above the resistance zone. | An exit @3.73. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.38 points, which is 9.25%. | When investing 10.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ADCT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.99
-0.02 (-0.5%)
ADC THERAPEUTICS SA / ADCT FAQ
Can you provide the ChartMill technical rating for ADC THERAPEUTICS SA?
ChartMill assigns a technical rating of 9 / 10 to ADCT.
Can you provide the trend direction for ADC THERAPEUTICS SA?
The current trend direction for ADC THERAPEUTICS SA (ADCT) is Bullish.
Can you provide the RSI signal for ADC THERAPEUTICS SA?
ADC THERAPEUTICS SA (ADCT) has an RSI value of 57.1736. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ADC THERAPEUTICS SA?
The short term momentum for ADC THERAPEUTICS SA (ADCT) is positive.
What is the support and resistance level for ADCT stock?
ADC THERAPEUTICS SA (ADCT) has a support level at 3.83 and a resistance level at 4.05. Check the full technical report for our detailed analysis of ADCT support and resistance levels.