ADAMIS PHARMACEUTICALS CORP (ADMP) Technical Analysis
NASDAQ:ADMP • US00547W3079
Current stock price
ADMP Technical Rating and Analysis
Overall ADMP gets a technical rating of 0 out of 10. ADMP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ADMP is a bad performer in the overall market: 99% of all stocks are doing better.
- ADMP is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 87% are performing better than ADMP.
- ADMP is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ADMP is lagging the market.
- In the last month ADMP has a been trading in the 0.75 - 1.33 range, which is quite wide. It is currently trading near the lows of this range.
- ADMP has an average volume of 2612040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
ADMP Weekly and Daily overview Charts
ADMP Setup Rating and Analysis
The technical rating of ADMP is bad and it also does not present a 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.
More info and screens
ADMP Support and Resistance Analysis
0.77
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
ADMP 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 ADMP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADMP is down. |
| ChartMill Relative Strength | 1.04 | NEGATIVE | ADMP has a low relative strength, it was outperformed by 98.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADMP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADMP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADMP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.75 | NEUTRAL | The RSI value for ADMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ADMP has a positive trend. |
| Stochastics (14,3) | 9.1 | OVERSOLD | The low Stochastics value suggests ADMP may be oversold. |
| Average True Range in percent/ATR (20) | 13.78 | HIGH VOLATILITY | The high ATR as a percentage value for ADMP suggests high volalility. |
| Average Directional Index/ADX (14) | 47.43 | POSITIVE | The high ADX value value for ADMP suggests a strong trend. |
ADMP Chart- and CandleStick Pattern Analysis
ADMP Technicals: Chart, Performance Metrics, Trend & Indicators
0.7751
+0.01 (+0.86%)
ADAMIS PHARMACEUTICALS CORP / ADMP TA FAQ
What is the ChartMill technical rating of ADAMIS PHARMACEUTICALS CORP (ADMP) stock?
ChartMill assigns a technical rating of 0 / 10 to ADMP.
Can you provide the trend direction for ADAMIS PHARMACEUTICALS CORP?
The current trend direction for ADAMIS PHARMACEUTICALS CORP (ADMP) is Bearish.
What is the RSI signal for ADAMIS PHARMACEUTICALS CORP (ADMP) stock?
ADAMIS PHARMACEUTICALS CORP (ADMP) has an RSI value of 39.7496. This indicates that the stock is currently neutral.
What is the short term momentum for ADAMIS PHARMACEUTICALS CORP (ADMP) stock?
The short term momentum for ADAMIS PHARMACEUTICALS CORP (ADMP) is negative.
What is the buy/sell signal for ADMP stock?
The buy/sell signal for ADAMIS PHARMACEUTICALS CORP (ADMP) is sell as both the short term and long term trends are negative.