We assign a technical rating of 1 out of 10 to ADGM. ADGM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ADGM is bad and it also does not present a 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
0.78
We found 1 important support area.
- Support @0.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.81 from a trend 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 | DOWN | NEGATIVE | The long term trend for ADGM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADGM is neutral. |
| ChartMill Relative Strength | 10.55 | NEGATIVE | ADGM has a low relative strength, it was outperformed by 89.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADGM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ADGM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ADGM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.63 | NEUTRAL | The RSI value for ADGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ADGM has a positive trend. |
| Stochastics (14,3) | 43.18 | NEUTRAL | The Stochastics value for ADGM is a neutral value. |
| Average True Range in percent/ATR (20) | 11.6 | HIGH VOLATILITY | The high ATR as a percentage value for ADGM suggests high volalility. |
| Average Directional Index/ADX (14) | 25.54 | POSITIVE | The high ADX value value for ADGM suggests a strong trend. |
1.18
+0.35 (+41.95%)
ADAGIO MEDICAL HOLDINGS INC / ADGM FAQ
What is the ChartMill technical rating of ADAGIO MEDICAL HOLDINGS INC (ADGM) stock?
ChartMill assigns a technical rating of 1 / 10 to ADGM.
What is the current trend direction of ADAGIO MEDICAL HOLDINGS INC (ADGM) stock?
The current trend direction for ADAGIO MEDICAL HOLDINGS INC (ADGM) is Bearish.
What is the RSI signal for ADGM stock?
ADAGIO MEDICAL HOLDINGS INC (ADGM) has an RSI value of 60.632. This indicates that the stock is currently neutral.
What is the MACD signal for ADAGIO MEDICAL HOLDINGS INC (ADGM) stock?
The MACD indicator for ADAGIO MEDICAL HOLDINGS INC (ADGM) has a value of 0.0417588, indicating a bearish trend.