ADEIA INC (ADEA) Stock Technical Analysis
NASDAQ:ADEA - Nasdaq - US98390M1036 - Common Stock - Currency: USD
Taking everything into account, ADEA scores 3 out of 10 in our technical rating. ADEA performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ADEA is a bad performer in the overall market: 67% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ADEA is part of the Software industry. There are 283 other stocks in this industry, ADEA did better than 48% of them.
ADEA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ADEA is lagging the market slightly.
In the last month ADEA has a been trading in the 12.08 - 14.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ADEA has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.11
14.37
When analyzing the support we can see 2 important areas.
- Support @12.60 from a horizontal line in the daily time frame.
- A support zone ranging from 11.22 to 11.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.54 to 13.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.03 to 14.23. This zone is formed by a combination of multiple trend lines 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 ADEA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADEA is neutral. |
| ChartMill Relative Strength | 33.68 | NEUTRAL | ADEA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ADEA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ADEA is above a declining 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) | 48.45 | NEUTRAL | The RSI value for ADEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ADEA has a negative trend. |
| Stochastics (14,3) | 50.64 | NEUTRAL | The Stochastics value for ADEA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for ADEA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.2 | NEGATIVE | The low ADX value for ADEA suggests a weak or negative 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)
13
-0.01 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.08%
1 Week-5.45%
2 Weeks-3.77%
1 Month5.86%
3 Month-24.55%
6 Month7.88%
12 Month10.17%
2 Year32.52%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%3.1%
ATR Inc-15.57%
Range Today0.24
ADR(20)0.37
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.68
Mansfield0.14
10 Day High14.13
10 Day Low12.96
20 Day High14.13
20 Day Low12.08
52 Week High17.46
52 Week Low9.68
CS1 End12.6
CR1 Start13.54
Volume & EV
DER(3)-2.26%
DER(5)-0.95%
Volume368.00K
Volume Incr-13.63%
Vol(5)422.22K
Vol(50)612.91K