ADENTRA INC (ADEN.CA) Stock Technical Analysis
TSX:ADEN - Toronto Stock Exchange - CA00686A1084 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to ADEN. Recently some decent action could be observed, but in the medium term time frame this is still negative. ADEN was also a bad performer in the overall market in the last year.
87% of all other stocks performed better in the past year than ADEN.
ADEN is part of the Trading Companies & Distributors industry. There are 13 other stocks in this industry, of which 100% are performing better than ADEN.
ADEN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ADEN has a been trading in the 25.12 - 27.13 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ADEN 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
24.55
44.04
We found 3 important support areas.
- A support zone ranging from 26.15 to 26.66. 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 25.39 to 25.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.80 to 24.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 26.78 to 27.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 27.45 to 27.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.60 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for ADEN.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADEN.CA is up. |
| ChartMill Relative Strength | 13.21 | NEGATIVE | ADEN.CA has a low relative strength, it was outperformed by 86.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADEN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ADEN.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADEN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.32 | NEUTRAL | The RSI value for ADEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ADEN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.35 | NEUTRAL | The Stochastics value for ADEN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for ADEN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.35 | NEGATIVE | The low ADX value for ADEN.CA 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)
TSX:ADEN (6/9/2025, 7:00:00 PM)
26.77
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0%
1 Week4.57%
2 Weeks3.32%
1 Month7.21%
3 Month-6.53%
6 Month-30.07%
12 Month-30.45%
2 Year-17.63%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%2.25%
ATR Inc-33.15%
Range Today0.35
ADR(20)0.56
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.21
Mansfield-2.76
10 Day High27.13
10 Day Low25.55
20 Day High27.13
20 Day Low25.12
52 Week High45.25
52 Week Low24.6
CS1 End26.66
CR1 Start26.78
Volume & EV
DER(3)-7.12%
DER(5)1.27%
Volume22.63K
Volume Incr-60.37%
Vol(5)43.84K
Vol(50)74.69K