ADIAL PHARMACEUTICALS INC (ADIL) Stock Technical Analysis
NASDAQ:ADIL • US00688A2050
Overall ADIL gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ADIL is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- ADIL is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 97% of 192 stocks in the same industry.
- 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 overall good ranking is mostly due to the recent strong move.
- ADIL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADIL is lagging the market.
- In the last month ADIL has a been trading in the 0.13 - 3.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although ADIL has an excellent technical rating, the quality of the presented setup is not ideal 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
2.30
When analyzing the support we notice one important area.
- Support @2.32 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 | UP | POSITIVE | The long term trend for ADIL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADIL is up. |
| ChartMill Relative Strength | 99.68 | POSITIVE | ADIL has a high relative strength, it outperformed 99.68% 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) | UP | POSITIVE | The current price of ADIL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.15 | OVERBOUGHT | The high RSI value suggests ADIL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ADIL has a negative trend. |
| Stochastics (14,3) | 64.23 | NEUTRAL | The Stochastics value for ADIL is a neutral value. |
| Average True Range in percent/ATR (20) | 15.13 | HIGH VOLATILITY | The high ATR as a percentage value for ADIL suggests high volalility. |
| Average Directional Index/ADX (14) | 54.11 | POSITIVE | The high ADX value value for ADIL suggests a strong trend. |
2.44
+0.11 (+4.72%)
ADIAL PHARMACEUTICALS INC / ADIL FAQ
What is the technical rating for ADIL stock?
ChartMill assigns a technical rating of 9 / 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 70.1508. This indicates that the stock is currently overbought.
What is the MACD signal for ADIAL PHARMACEUTICALS INC (ADIL) stock?
The MACD indicator for ADIAL PHARMACEUTICALS INC (ADIL) has a value of -0.000720614, 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 positive.