ADENTRA INC (ADEN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ADEN - CA00686A1084 - Common Stock
Taking everything into account, ADEN scores 8 out of 10 in our technical rating. Although ADEN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- ADEN is one of the lesser performing stocks in the Trading Companies & Distributors industry. 72% of 12 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- ADEN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ADEN has a been trading in the 33.41 - 39.80 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, ADEN turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
Although ADEN has an excellent technical rating, it does not present a decent entry opportunity 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
31.92
3 important support areas can be observed.
- A support zone ranging from 36.08 to 36.11. 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 33.48 to 34.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.24 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.31 to 39.31. 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 | UP | POSITIVE | The long term trend for ADEN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADEN.CA is up. |
| ChartMill Relative Strength | 52.45 | NEUTRAL | ADEN.CA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of ADEN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADEN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.92 | OVERBOUGHT | The high RSI value suggests ADEN.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests ADEN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.11 | OVERBOUGHT | The high Stochastics value suggests ADEN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for ADEN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 44.62 | POSITIVE | The high ADX value value for ADEN.CA suggests a strong trend. |
TSX:ADEN (1/21/2026, 7:00:00 PM)
38.89
-0.22 (-0.56%)
ADENTRA INC / ADEN.CA FAQ
What is the technical rating for ADEN stock?
ChartMill assigns a technical rating of 8 / 10 to ADEN.CA.
What is the trend direction for ADEN stock?
The current trend direction for ADENTRA INC (ADEN.CA) is Bullish.
What is the RSI signal for ADEN stock?
ADENTRA INC (ADEN.CA) has an RSI value of 72.9187. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for ADENTRA INC?
The buy/sell signal for ADENTRA INC (ADEN.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ADENTRA INC (ADEN.CA) stock?
ADENTRA INC (ADEN.CA) has a support level at 36.11 and a resistance level at 39.31. Check the full technical report for our detailed analysis of ADEN.CA support and resistance levels.