AMERICAN DG ENERGY INC (ADGE) Stock Technical Analysis
NYSEARCA:ADGE • US0253981080
We assign a technical rating of 4 out of 10 to ADGE. In the past year, ADGE was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- In the last month ADGE has a been trading in the 0.30 - 0.33 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, ADGE outperforms 65% of them, which is more or less in line with the market.
- ADGE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADGE is lagging the market.
- Volume is considerably higher in the last couple of days.
ADGE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ADGE in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.28
4 important support areas can be observed.
- A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @0.33 from a trend line in the daily time frame.
- Resistance @0.34 from a horizontal line in the daily time frame.
- Resistance @0.36 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 ADGE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADGE is neutral. |
| ChartMill Relative Strength | 65.74 | NEUTRAL | ADGE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADGE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADGE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADGE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.82 | NEUTRAL | The RSI value for ADGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ADGE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for ADGE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for ADGE suggests some volalility. |
NYSEARCA:ADGE (5/18/2017, 8:33:22 PM)
0.32
-0.01 (-3.03%)
AMERICAN DG ENERGY INC / ADGE FAQ
Can you provide the ChartMill technical rating for AMERICAN DG ENERGY INC?
ChartMill assigns a technical rating of 4 / 10 to ADGE.
What is the current trend direction of AMERICAN DG ENERGY INC (ADGE) stock?
The current trend direction for AMERICAN DG ENERGY INC (ADGE) is Bearish.
What is the RSI signal for ADGE stock?
AMERICAN DG ENERGY INC (ADGE) has an RSI value of 52.8194. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AMERICAN DG ENERGY INC?
The short term momentum for AMERICAN DG ENERGY INC (ADGE) is neutral.
Can you provide the support and resistance levels for AMERICAN DG ENERGY INC?
AMERICAN DG ENERGY INC (ADGE) has a support level at 0.32 and a resistance level at 0.33. Check the full technical report for our detailed analysis of ADGE support and resistance levels.