ADEIA INC (ADEA) Stock Technical Analysis
NASDAQ:ADEA - Nasdaq - US98390M1036 - Common Stock - Currency: USD
Taking everything into account, ADEA scores 7 out of 10 in our technical rating. In the last year, ADEA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, ADEA did better than 77% of all other stocks.
ADEA is an average performer in the Software industry, it outperforms 61% of 284 stocks in the same industry.
ADEA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADEA is lagging the market.
In the last month ADEA has a been trading in the 12.62 - 14.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ADEA has an excellent technical rating, it does not offer a high 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.
More info and screens
11.24
14.37
4 important support areas can be observed.
- A support zone ranging from 13.15 to 13.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.60 to 12.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.62 from a trend line in the weekly time frame.
- Strong support @11.35 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.83 to 14.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ADEA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADEA is up. |
| ChartMill Relative Strength | 77.86 | POSITIVE | ADEA has a high relative strength, it outperformed 77.86% 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) | 62.41 | NEUTRAL | The RSI value for ADEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ADEA has a positive trend. |
| Stochastics (14,3) | 82.59 | OVERBOUGHT | The high Stochastics value suggests ADEA may be overbought. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for ADEA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.11 | 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)
13.82
-0.03 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.22%
1 Week3.91%
2 Weeks7.63%
1 Month-0.14%
3 Month1.1%
6 Month-3.89%
12 Month26.33%
2 Year25.52%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.4%
ATR Inc47.5%
Range Today0.49
ADR(20)0.32
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.86
Mansfield0.39
10 Day High14.2
10 Day Low12.65
20 Day High14.2
20 Day Low12.62
52 Week High17.46
52 Week Low9.68
CS1 End13.37
CR1 Start13.83
Volume & EV
DER(3)3.55%
DER(5)3.75%
Volume378.50K
Volume Incr-14.65%
Vol(5)393.92K
Vol(50)512.33K