ADVANCED EMISSIONS SOLUTIONS (ADES) Stock Technical Analysis
NASDAQ:ADES - Nasdaq - US00770C1018 - Common Stock - Currency: USD
Overall ADES gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ADES has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
ADES is one of the better performing stocks in the Chemicals industry, it outperforms 93% of 84 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 overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ADES has an excellent technical rating, it does not offer a high quality setup 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
2.52
3.39
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.
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. |
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)
NASDAQ:ADES (1/31/2024, 8:00:00 PM)
3.36
+0.1 (+3.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg3.07%
1 Week11.26%
2 Weeks27.27%
1 Month17.89%
3 Month83.61%
6 Month26.79%
12 Month17.07%
2 Year-46.15%
3 Year-33.73%
5 Year-70.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%7.16%
ATR Inc71.53%
Range Today0.34
ADR(20)0.23
ADR(20)%6.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.66
Mansfield3.96
10 Day High3.63
10 Day Low2.64
20 Day High3.63
20 Day Low2.5
52 Week High3.78
52 Week Low1.17
CS1 End2.86
CR1 StartN/A
Volume & EV
DER(3)11.44%
DER(5)7.7%
Volume101.00K
Volume Incr19.53%
Vol(5)137.88K
Vol(50)103.31K