ADIAL PHARMACEUTICALS INC (ADIL) Technical Analysis
NASDAQ:ADIL • US00688A3041
Current stock price
ADIL Technical Rating and Analysis
Taking everything into account, ADIL scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month ADIL has a been trading in the 1.54 - 2.63 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ADIL is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. ADIL outperforms 96% of them.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When comparing the yearly performance of all stocks, we notice that ADIL is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- ADIL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ADIL is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
ADIL Weekly and Daily overview Charts
ADIL Setup Rating and Analysis
Although the technical rating is only medium, ADIL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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
ADIL Support and Resistance Analysis
1.66
We found 1 important support area.
- Support @1.68 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.85 from a trend line in the daily time frame.
ADIL Technical Indicator Signal Analysis
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 ADIL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADIL is down. |
| ChartMill Relative Strength | 99.61 | POSITIVE | ADIL has a high relative strength, it outperformed 99.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADIL is below a declining 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) | UP | POSITIVE | The current price of ADIL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.52 | NEUTRAL | The RSI value for ADIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ADIL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.77 | NEUTRAL | The Stochastics value for ADIL is a neutral value. |
| Average True Range in percent/ATR (20) | 11.46 | HIGH VOLATILITY | The high ATR as a percentage value for ADIL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.39 | NEGATIVE | The low ADX value for ADIL suggests a weak or negative trend. |
ADIL Chart- and CandleStick Pattern Analysis
ADIL Example Setup
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 |
|---|---|---|---|
| 1.86 | 1.67 | 0.19 (10.22%) | 9.79% |
| An entry @1.86. This is a Buy Stop order right above the resistance zone. | An exit @1.67. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 10.22%. | When investing 9.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ADIL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ADIL Technicals: Chart, Performance Metrics, Trend & Indicators
1.72
-0.01 (-0.58%)
ADIAL PHARMACEUTICALS INC / ADIL TA FAQ
What is the technical rating for ADIL stock?
ChartMill assigns a technical rating of 6 / 10 to ADIL.
Can you provide the trend direction for ADIAL PHARMACEUTICALS INC?
The current trend direction for ADIAL PHARMACEUTICALS INC (ADIL) is Bullish.
What is the RSI signal for ADIAL PHARMACEUTICALS INC (ADIL) stock?
ADIAL PHARMACEUTICALS INC (ADIL) has an RSI value of 45.5238. This indicates that the stock is currently neutral.
What is the MACD signal for ADIAL PHARMACEUTICALS INC (ADIL) stock?
The MACD indicator for ADIAL PHARMACEUTICALS INC (ADIL) has a value of -0.0597989, indicating a bearish trend.
What is the short term momentum for ADIAL PHARMACEUTICALS INC (ADIL) stock?
The short term momentum for ADIAL PHARMACEUTICALS INC (ADIL) is negative.