ADEIA INC (ADEA) Stock Technical Analysis
USA - NASDAQ:ADEA - US98390M1036 - Common Stock
17.01 USD
+0.22 (+1.31%)
17.01 USD
0 (0%)
Overall ADEA gets a technical rating of 10 out of 10. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ADEA is one of the better performing stocks in the market, outperforming 88% of all stocks.
ADEA is one of the better performing stocks in the Software industry, it outperforms 79% of 285 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.
In the last month ADEA has a been trading in the 15.45 - 18.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ADEA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.23. Right above this resistance zone may be a good entry point.
More info and screens
11.40
17.46
We found 6 important support areas.
- A support zone ranging from 16.80 to 16.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.71 to 16.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.11 to 13.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.65 from a horizontal line in the daily time frame.
- Support @12.02 from a trend line in the weekly time frame.
- Support @11.52 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.23 to 17.29. This zone is formed by a combination of multiple trend lines 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 | 88.52 | POSITIVE | ADEA has a high relative strength, it outperformed 88.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADEA is above the rising 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) | 56.05 | 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) | 47.74 | NEUTRAL | The Stochastics value for ADEA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for ADEA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.77 | NEUTRAL | The ADX value for ADEA 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)
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 |
|---|---|---|---|
| 17.30 | 16.79 | 0.51 (2.95%) | 25.00% |
| An entry @17.30. This is a Buy Stop order right above the resistance zone. | An exit @16.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.51 points, which is 2.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.74%. |
- 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.
17.01
+0.22 (+1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.31%
1 Week2.59%
2 Weeks-0.47%
1 Month0.83%
3 Month28.38%
6 Month36.96%
12 Month40.12%
2 Year101.78%
3 Year52.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%3.95%
ATR Inc-36.64%
Range Today0.54
ADR(20)0.66
ADR(20)%3.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.52
3 months CRS89.81
6 months CRS81.5
Mansfield1.04
10 Day High17.36
10 Day Low15.45
20 Day High18.25
20 Day Low15.45
52 Week High18.25
52 Week Low10.59
CS1 End16.85
CR1 Start17.23
Volume & EV
DER(3)-1.11%
DER(5)-0.13%
Volume304.20K
Volume Incr-26.19%
Vol(5)449.88K
Vol(50)527.28K