Overall ADEA gets a technical rating of 0 out of 10. ADEA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ADEA is bad and it also does not present a quality setup 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.
11.40
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for ADEA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADEA is down. |
| ChartMill Relative Strength | 25.71 | NEGATIVE | ADEA has a low relative strength, it was outperformed by 74.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADEA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADEA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADEA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.59 | OVERSOLD | The low RSI value suggests ADEA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ADEA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.45 | OVERSOLD | The low Stochastics value suggests ADEA may be oversold. |
| Average True Range in percent/ATR (20) | 7.34 | HIGH VOLATILITY | The high ATR as a percentage value for ADEA suggests high volalility. |
| Average Directional Index/ADX (14) | 39.17 | POSITIVE | The high ADX value value for ADEA suggests a strong trend. |
12.04
+0.3 (+2.56%)
ChartMill assigns a technical rating of 0 / 10 to ADEA.
The current trend direction for ADEIA INC (ADEA) is Bearish.
ADEIA INC (ADEA) has an RSI value of 29.5892. This indicates that the stock is currently oversold.
The MACD indicator for ADEIA INC (ADEA) has a value of -0.2143, indicating a bearish trend.
The short term momentum for ADEIA INC (ADEA) is negative.