ADENTRA INC (ADEN.CA) Stock Technical Analysis
TSX:ADEN - Toronto Stock Exchange - CA00686A1084 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to ADEN. In the past year, ADEN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
85% 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 75% 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.
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.
ADEN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although the technical rating is only medium, ADEN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 29.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADEN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
25.14
44.04
4 important support areas can be observed.
- A support zone ranging from 29.81 to 29.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.55 from a trend line in the daily time frame.
- Support @26.75 from a trend line 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 30.15 to 30.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.94 from a trend line in the daily time frame.
- Resistance @31.69 from a horizontal line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for ADEN.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADEN.CA is up. |
| ChartMill Relative Strength | 15.53 | NEGATIVE | ADEN.CA has a low relative strength, it was outperformed by 84.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ADEN.CA is below 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) | DOWN | NEGATIVE | The current price of ADEN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.54 | NEUTRAL | The RSI value for ADEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests ADEN.CA has a negative trend. |
| Stochastics (14,3) | 15.85 | OVERSOLD | The low Stochastics value suggests ADEN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for ADEN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 40.41 | POSITIVE | The high ADX value value for ADEN.CA suggests a strong 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 (7/28/2025, 7:00:00 PM)
30.14
+0.14 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.47%
1 Week0.6%
2 Weeks-3.27%
1 Month8.3%
3 Month10.4%
6 Month-12.84%
12 Month-27.27%
2 Year-13.47%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%2.78%
ATR Inc-48.18%
Range Today0.32
ADR(20)0.81
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.53
Mansfield-1.91
10 Day High31.27
10 Day Low29.54
20 Day High32.12
20 Day Low27.75
52 Week High44.08
52 Week Low24.6
CS1 End29.9
CR1 Start30.15
Volume & EV
DER(3)7.12%
DER(5)5.72%
Volume18.84K
Volume Incr-33.41%
Vol(5)34.70K
Vol(50)59.82K