ADMA BIOLOGICS INC (ADMA) Stock Technical Analysis
NASDAQ:ADMA - Nasdaq - US0008991046 - Common Stock - Currency: USD
Taking everything into account, ADMA scores 8 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ADMA is part of the Biotechnology industry. There are 557 other stocks in this industry. ADMA outperforms 91% of them.
ADMA has an average volume of 3504000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ADMA is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by ADMA over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
ADMA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADMA is lagging the market.
In the last month ADMA has a been trading in the 19.28 - 22.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ADMA also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.46
22.09
When analyzing the support we can see 4 important areas.
- A support zone ranging from 20.12 to 20.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.69 from a horizontal line in the weekly time frame.
- A support zone ranging from 18.92 to 19.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.62 to 15.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.77 to 20.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.61 to 21.87. This zone is formed by a combination of multiple trend lines 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 ADMA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADMA is neutral. |
| ChartMill Relative Strength | 93.4 | POSITIVE | ADMA has a high relative strength, it outperformed 93.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ADMA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ADMA is below 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) | 47.84 | NEUTRAL | The RSI value for ADMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ADMA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.61 | NEUTRAL | The Stochastics value for ADMA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for ADMA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for ADMA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
20.4
-0.41 (-1.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.97%
1 Week-2.25%
2 Weeks-0.15%
1 Month3.61%
3 Month3.03%
6 Month17.24%
12 Month85.45%
2 Year452.85%
3 Year930.3%
5 Year596.25%
10 Year120.3%
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%3.86%
ATR Inc28.95%
Range Today0.97
ADR(20)0.77
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.4
Mansfield0.83
10 Day High22.37
10 Day Low19.77
20 Day High22.37
20 Day Low19.28
52 Week High25.67
52 Week Low10.21
CS1 End20.34
CR1 Start20.77
Volume & EV
DER(3)-2.63%
DER(5)-1.61%
Volume2.80M
Volume Incr26.63%
Vol(5)3.17M
Vol(50)3.50M