ADVANCED EMISSIONS SOLUTIONS (ADES) Technical Analysis
NASDAQ:ADES • US00770C1018
Current stock price
ADES Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to ADES. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ADES is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- ADES is one of the better performing stocks in the Chemicals industry, it outperforms 84% of 83 stocks in the same industry.
- ADES is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ADES is performing more or less in line with the market.
- In the last month ADES has a been trading in the 2.50 - 3.63 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, ADES did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ADES Weekly and Daily overview Charts
ADES Setup Rating and Analysis
Although ADES 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
ADES Support and Resistance Analysis
2.52
We found 3 important support areas.
- Support @2.86 from a trend line in the daily time frame.
- Support @2.69 from a trend line in the daily time frame.
- Support @2.55 from a horizontal line in the daily time frame.
ADES Technical Indicator Signal Analysis
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 ADES is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADES is up. |
| ChartMill Relative Strength | 93.66 | POSITIVE | ADES has a high relative strength, it outperformed 93.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADES is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADES is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADES is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.52 | NEUTRAL | The RSI value for ADES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ADES has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.24 | OVERBOUGHT | The high Stochastics value suggests ADES may be overbought. |
| Average True Range in percent/ATR (20) | 7.16 | HIGH VOLATILITY | The high ATR as a percentage value for ADES suggests high volalility. |
| Average Directional Index/ADX (14) | 34.86 | POSITIVE | The high ADX value value for ADES suggests a strong trend. |
ADES Chart- and CandleStick Pattern Analysis
ADES Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ADES (1/31/2024, 8:00:00 PM)
3.36
+0.1 (+3.07%)
ADVANCED EMISSIONS SOLUTIONS / ADES TA FAQ
What is the technical rating for ADES stock?
ChartMill assigns a technical rating of 9 / 10 to ADES.
Can you provide the trend direction for ADVANCED EMISSIONS SOLUTIONS?
The current trend direction for ADVANCED EMISSIONS SOLUTIONS (ADES) is Bullish.
Can you provide the RSI signal for ADVANCED EMISSIONS SOLUTIONS?
ADVANCED EMISSIONS SOLUTIONS (ADES) has an RSI value of 63.5229. This indicates that the stock is currently neutral.
What is the buy/sell signal for ADVANCED EMISSIONS SOLUTIONS (ADES) stock?
The buy/sell signal for ADVANCED EMISSIONS SOLUTIONS (ADES) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ADES stock?
ADVANCED EMISSIONS SOLUTIONS (ADES) has a support level at 2.86. Check the full technical report for our detailed analysis of ADES support and resistance levels.