26 CAPITAL ACQUISITION COR-A (ADER) Stock Technical Analysis
NASDAQ:ADER - Nasdaq - US90138P1003 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to ADER. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Looking at the yearly performance, ADER did better than 77% of all other stocks. We also observe that the gains produced by ADER over the past year are nicely spread over this period.
ADER is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ADER is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month ADER has a been trading in a tight range between 11.00 and 11.55.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, ADER does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 11.07, a Stop Loss order could be placed below this zone.
More info and screens
9.55
11.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.91 to 11.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.43 to 10.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 9.65 to 9.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.09 to 11.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.38 to 11.49. 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 ADER is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADER is down. |
| ChartMill Relative Strength | 77.61 | POSITIVE | ADER has a high relative strength, it outperformed 77.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADER is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ADER is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADER is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.1 | NEUTRAL | The RSI value for ADER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ADER has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.22 | OVERSOLD | The low Stochastics value suggests ADER may be oversold. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for ADER suggests low volalility. |
| Average Directional Index/ADX (14) | 33.11 | POSITIVE | The high ADX value value for ADER 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.21 | 10.99 | 0.22 (1.96%) | 25.00% |
| An entry @11.21. This is a Buy Stop order right above the resistance zone. | An exit @10.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.22 points, which is 1.96%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.08
+0.01 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week0.09%
2 Weeks-0.58%
1 Month-1.51%
3 Month2.97%
6 Month7.16%
12 Month12.15%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%1.07%
ATR Inc-0.71%
Range Today0.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.61
Mansfield0.01
10 Day High11.16
10 Day Low11
20 Day High11.55
20 Day Low11
52 Week High11.55
52 Week Low9.85
CS1 End11.07
CR1 Start11.09
Volume & EV
DER(3)-1.14%
DER(5)-0.69%
Volume76.20K
Volume Incr7.05%
Vol(5)112.30K
Vol(50)62.82K