ADCARE HEALTH SYSTEMS INC (ADK) Technical Analysis
NYSEARCA:ADK • US00650W3007
Current stock price
ADK Technical Rating and Analysis
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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 91% of all other stocks performed better in the past year than ADK.
- ADK 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 ADK is lagging the market.
- Warning: ADK has an average volume of 28170 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ADK has a been trading in the 0.85 - 1.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ADK Weekly and Daily overview Charts
ADK Setup Rating and Analysis
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
ADK Support and Resistance Analysis
0.90
When analyzing the resistance we notice 3 important 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.
ADK 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 | 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. |
ADK Chart- and CandleStick Pattern Analysis
ADK Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:ADK (9/29/2017, 8:10:52 PM)
0.91
-0.06 (-6.19%)
ADCARE HEALTH SYSTEMS INC / ADK TA 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 current trend direction of ADCARE HEALTH SYSTEMS INC (ADK) stock?
The current trend direction for ADCARE HEALTH SYSTEMS INC (ADK) is Bearish.
What is the RSI signal for ADCARE HEALTH SYSTEMS INC (ADK) stock?
ADCARE HEALTH SYSTEMS INC (ADK) has an RSI value of 44.9614. This indicates that the stock is currently neutral.
What is the support and resistance level for ADK stock?
ADCARE HEALTH SYSTEMS INC (ADK) has a resistance level at 0.94. Check the full technical report for our detailed analysis of ADK support and resistance levels.