ADIT EDTECH ACQ -CW27 (ADE.W) Technical Analysis
NYSE:ADE.W
Current stock price
ADE.W Technical Rating and Analysis
Taking everything into account, ADE.W scores 7 out of 10 in our technical rating. Although ADE.W has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- Looking at the yearly performance, ADE.W did better than 96% of all other stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- ADE.W is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADE.W is lagging the market.
- In the last month ADE.W has a been trading in the 0.03 - 0.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ADE.W Weekly and Daily overview Charts
ADE.W Setup Rating and Analysis
ADE.W has an excellent technical rating and also presents 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 0.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADE.W 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.
More info and screens
ADE.W Support and Resistance Analysis
0.04
We found 2 important support areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.04 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.11 from a trend line in the daily time frame.
- Resistance @0.13 from a horizontal line in the weekly time frame.
ADE.W Technical Indicator Signal Analysis
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 ADE.W is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADE.W is neutral. |
| ChartMill Relative Strength | 96.86 | POSITIVE | ADE.W has a high relative strength, it outperformed 96.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADE.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADE.W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADE.W is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.95 | NEUTRAL | The RSI value for ADE.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ADE.W has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.7 | NEUTRAL | The Stochastics value for ADE.W is a neutral value. |
| Average True Range in percent/ATR (20) | 34.45 | HIGH VOLATILITY | The high ATR as a percentage value for ADE.W suggests high volalility. |
| Average Directional Index/ADX (14) | 23.6 | NEUTRAL | The ADX value for ADE.W suggests a possible start of a new trend. |
ADE.W Chart- and CandleStick Pattern Analysis
ADE.W Example Setup
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 |
|---|---|---|---|
| 0.12 | 0.06 | 0.06 (50.00%) | 2.00% |
| An entry @0.12. This is a Buy Stop order right above the resistance zone. | An exit @0.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 50.00%. | When investing 2.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
ADE.W Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:ADE.W (12/29/2023, 8:18:45 PM)
0.084
+0.03 (+52.73%)
ADIT EDTECH ACQ -CW27 / ADE.W TA FAQ
Can you provide the ChartMill technical rating for ADIT EDTECH ACQ -CW27?
ChartMill assigns a technical rating of 6 / 10 to ADE.W.
What is the current trend direction of ADIT EDTECH ACQ -CW27 (ADE.W) stock?
The current trend direction for ADIT EDTECH ACQ -CW27 (ADE.W) is Bearish.
What is the RSI signal for ADE.W stock?
ADIT EDTECH ACQ -CW27 (ADE.W) has an RSI value of 52.9531. This indicates that the stock is currently neutral.
What are the support and resistance levels for ADIT EDTECH ACQ -CW27 (ADE.W) stock?
ADIT EDTECH ACQ -CW27 (ADE.W) has a support level at 0.07 and a resistance level at 0.11. Check the full technical report for our detailed analysis of ADE.W support and resistance levels.