ADIAL PHARMACEUTICALS INC (ADIL) Stock Technical Analysis
NASDAQ:ADIL - Nasdaq - US00688A2050 - Common Stock - Currency: USD
Taking everything into account, ADIL scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ADIL was also a bad performer in the overall market in the last year.
85% of all other stocks performed better in the past year than ADIL.
ADIL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ADIL is lagging the market.
In the last month ADIL has a been trading in the 0.57 - 1.21 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ADIL is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, ADIL did better than 48% of them.
Although the technical rating is bad, ADIL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.71, a Stop Loss order could be placed below this zone.
More info and screens
0.67
0.79
When analyzing the support we notice one important area.
- A support zone ranging from 0.68 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.78 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 | DOWN | NEGATIVE | The long term trend for ADIL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADIL is up. |
| ChartMill Relative Strength | 15.83 | NEGATIVE | ADIL has a low relative strength, it was outperformed by 84.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADIL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADIL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADIL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.36 | NEUTRAL | The RSI value for ADIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ADIL has a positive trend. |
| Stochastics (14,3) | 22.26 | NEUTRAL | The Stochastics value for ADIL is a neutral value. |
| Average True Range in percent/ATR (20) | 12.05 | HIGH VOLATILITY | The high ATR as a percentage value for ADIL suggests high volalility. |
| Average Directional Index/ADX (14) | 41.65 | POSITIVE | The high ADX value value for ADIL 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)
0.719
+0.01 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.01%
1 Week9.51%
2 Weeks9.24%
1 Month1.67%
3 Month-9.44%
6 Month-29.52%
12 Month-43.06%
2 Year170.65%
3 Year-43.51%
5 Year-55.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%12.05%
ATR Inc-42.01%
Range Today0.05
ADR(20)0.09
ADR(20)%11.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.83
Mansfield-2.69
10 Day High0.74
10 Day Low0.57
20 Day High1.21
20 Day Low0.57
52 Week High3
52 Week Low0.57
CS1 End0.71
CR1 Start0.72
Volume & EV
DER(3)-17.37%
DER(5)-14.59%
Volume57.20K
Volume Incr-92.05%
Vol(5)133.80K
Vol(50)718.92K