We assign a technical rating of 0 out of 10 to ADK. ADK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ADK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.94. Right above this resistance zone may be a good entry point.
More info and screens
0.90
We can see 3 important resistance areas.
- A resistance zone ranging from 0.94 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.98 to 0.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.02 from a trend line in the weekly 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 ADK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADK is neutral. |
| ChartMill Relative Strength | 9.24 | NEGATIVE | ADK has a low relative strength, it was outperformed by 90.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.96 | NEUTRAL | The RSI value for ADK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ADK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.88 | NEUTRAL | The Stochastics value for ADK is a neutral value. |
| Average True Range in percent/ATR (20) | 10.57 | HIGH VOLATILITY | The high ATR as a percentage value for ADK suggests high volalility. |
NYSEARCA:ADK (9/29/2017, 8:10:52 PM)
0.91
-0.06 (-6.19%)
ADCARE HEALTH SYSTEMS INC / ADK FAQ
Can you provide the ChartMill technical rating for ADCARE HEALTH SYSTEMS INC?
ChartMill assigns a technical rating of 0 / 10 to ADK.
What is the trend direction for ADK stock?
The current trend direction for ADCARE HEALTH SYSTEMS INC (ADK) is Bearish.
What is the RSI signal for ADK stock?
ADCARE HEALTH SYSTEMS INC (ADK) has an RSI value of 44.9614. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ADCARE HEALTH SYSTEMS INC?
The MACD indicator for ADCARE HEALTH SYSTEMS INC (ADK) has a value of 0.00145686, indicating a bearish trend.