ADK Technical Analysis - DIAGNOS INC

Technical Rating and Analysis

We assign a technical rating of 7 out of 10 to ADK. In the last year, ADK was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

In the last month ADK has a been trading in the 0.24 - 0.32 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

When compared to the yearly performance of all other stocks, ADK outperforms 58% of them, which is more or less in line with the market.

ADK is part of the Health Care Technology industry. There are 9 other stocks in this industry, ADK did better than 50% of them.

ADK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADK is lagging the market.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although ADK has an excellent technical rating, it does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.27

0.31

We found 1 important support area.

A support zone ranging from 0.27 to 0.27. 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 @0.31 from a trend line in the weekly time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for ADK.CA is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ADK.CA is up.
ChartMill Relative Strength	58	NEUTRAL	ADK.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ADK.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ADK.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of ADK.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)	72.51	OVERBOUGHT	The high RSI value suggests ADK.CA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests ADK.CA has a positive trend.
Stochastics (14,3)	76.19	NEUTRAL	The Stochastics value for ADK.CA is a neutral value.
Average True Range in percent/ATR (20)	5.57	HIGH VOLATILITY	The high ATR as a percentage value for ADK.CA suggests high volalility.
Average Directional Index/ADX (14)	22.45	NEUTRAL	The ADX value for ADK.CA suggests a possible start of a new trend.