Taking everything into account, ADMA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ADMA is showing a nice and steady performance.
ADMA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 19.85. Right above this resistance zone may be a good entry point.
More info and screens
13.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.34 to 19.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.81 from a horizontal line in the daily time frame.
- Support @13.99 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.85 to 20.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ADMA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADMA is up. |
| ChartMill Relative Strength | 82.03 | POSITIVE | ADMA has a high relative strength, it outperformed 82.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADMA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADMA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.49 | NEUTRAL | The RSI value for ADMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests ADMA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.93 | NEUTRAL | The Stochastics value for ADMA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for ADMA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.48 | POSITIVE | The high ADX value value for ADMA suggests a strong trend. |
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 |
|---|---|---|---|
| 20.39 | 19.33 | 1.06 (5.20%) | 19.24% |
| An entry @20.39. This is a Buy Stop order right above the resistance zone. | An exit @19.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.06 points, which is 5.20%. | For a 1.00% total portfolio risk, you can invest 19.24% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ADMA. 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.
19.58
+0.77 (+4.09%)
ADMA BIOLOGICS INC / ADMA FAQ
What is the technical rating for ADMA stock?
ChartMill assigns a technical rating of 9 / 10 to ADMA.
Can you provide the trend direction for ADMA BIOLOGICS INC?
The current trend direction for ADMA BIOLOGICS INC (ADMA) is Bullish.
What is the RSI signal for ADMA BIOLOGICS INC (ADMA) stock?
ADMA BIOLOGICS INC (ADMA) has an RSI value of 60.4897. This indicates that the stock is currently neutral.
What is the short term momentum for ADMA BIOLOGICS INC (ADMA) stock?
The short term momentum for ADMA BIOLOGICS INC (ADMA) is positive.
What is the support and resistance level for ADMA stock?
ADMA BIOLOGICS INC (ADMA) has a support level at 19.57 and a resistance level at 19.85. Check the full technical report for our detailed analysis of ADMA support and resistance levels.