NASDAQ:ADGM - Nasdaq - US00534B1008 - Common Stock - Currency: USD
Overall ADGM gets a technical rating of 6 out of 10. In the last year, ADGM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ADGM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.78. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ADGM in the last couple of days, which is a good sign.
0.74
We found 3 important support areas.
We found 1 important resistance area.
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 ADGM is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADGM is up. |
ChartMill Relative Strength | 0 | NEGATIVE | ADGM has a low relative strength, it was outperformed by 100% 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) | UP | POSITIVE | The current price of ADGM is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ADGM is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 65.36 | NEUTRAL | The RSI value for ADGM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ADGM has a positive trend. |
Stochastics (14,3) | 75.94 | NEUTRAL | The Stochastics value for ADGM is a neutral value. |
Average True Range in percent/ATR (20) | 9.84 | HIGH VOLATILITY | The high ATR as a percentage value for ADGM suggests high volalility. |
Average Directional Index/ADX (14) | 27.2 | POSITIVE | The high ADX value value for ADGM suggests a strong trend. |
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 |
---|---|---|---|
1.79 | 1.44 | 0.35 (19.55%) | 5.11% |
An entry @1.79. This is a Buy Stop order right above the resistance zone. | An exit @1.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 19.55%. | For a 1.00% total portfolio risk, you can invest 5.11% of your capital in this trade. |
1.77
+0.08 (+4.73%)