ADEIA INC (ADEA) Stock Technical Analysis
NASDAQ:ADEA • US98390M1036
Taking everything into account, ADEA scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, ADEA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- ADEA is one of the better performing stocks in the Software industry, it outperforms 91% of 276 stocks in the same industry.
- ADEA 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 ADEA is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that ADEA is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month ADEA has a been trading in the 16.83 - 19.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ADEA 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 18.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADEA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
12.36
We found 4 important support areas.
- A support zone ranging from 18.50 to 18.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @18.09 from a horizontal line in the weekly time frame.
- A support zone ranging from 17.31 to 17.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.48 from a trend line in the weekly 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 ADEA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADEA is up. |
| ChartMill Relative Strength | 86.48 | POSITIVE | ADEA has a high relative strength, it outperformed 86.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ADEA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADEA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADEA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.15 | NEUTRAL | The RSI value for ADEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ADEA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.15 | NEUTRAL | The Stochastics value for ADEA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for ADEA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.67 | NEGATIVE | The low ADX value for ADEA 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 |
|---|---|---|---|
| 19.61 | 18.49 | 1.12 (5.71%) | 17.51% |
| An entry @19.61. This is a Buy Stop order right above the 10 day high. | An exit @18.49. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.12 points, which is 5.71%. | When investing 17.51% 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 ADEA. 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.
19.01
+0.48 (+2.59%)
ADEIA INC / ADEA FAQ
What is the technical rating for ADEA stock?
ChartMill assigns a technical rating of 8 / 10 to ADEA.
What is the trend direction for ADEA stock?
The current trend direction for ADEIA INC (ADEA) is Bullish.
What is the RSI signal for ADEA stock?
ADEIA INC (ADEA) has an RSI value of 57.15. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ADEIA INC?
The MACD indicator for ADEIA INC (ADEA) has a value of -0.0599554, indicating a bearish trend.
What is the buy/sell signal for ADEIA INC (ADEA) stock?
The buy/sell signal for ADEIA INC (ADEA) is buy as both the short term and long term trends are positive.