Adamas Pharmaceuticals Inc (ADMS) Stock Technical Analysis
NASDAQ:ADMS - Nasdaq - Common Stock
We assign a technical rating of 9 out of 10 to ADMS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ADMS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
ADMS is one of the better performing stocks in the Biotechnology industry, it outperforms 96% of 557 stocks in the same industry.
ADMS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ADMS is performing more or less in line with the market.
ADMS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ADMS has an average volume of 1534960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ADMS did better than 97% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month ADMS has a been trading in a tight range between 8.03 and 8.25.
ADMS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.17, a Stop Loss order could be placed below this zone. 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
4.29
8.32
4 important support areas can be observed.
- A support zone ranging from 8.12 to 8.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.81 to 4.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.55 from a horizontal line in the daily time frame.
- Support @4.33 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.23 to 8.24. 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 ADMS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADMS is up. |
| ChartMill Relative Strength | 97.7 | POSITIVE | ADMS has a high relative strength, it outperformed 97.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADMS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADMS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADMS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.53 | OVERBOUGHT | The high RSI value suggests ADMS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ADMS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for ADMS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for ADMS suggests low volalility. |
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)
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 |
|---|---|---|---|
| 8.25 | 8.11 | 0.14 (1.70%) | 25.00% |
| An entry @8.25. This is a Buy Stop order right above the resistance zone. | An exit @8.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 1.70%. | For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
8.22
+0.06 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.74%
1 Week0.86%
2 Weeks0.86%
1 Month1.86%
3 Month83.48%
6 Month48.64%
12 Month84.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.83%
ATR Inc21.39%
Range Today0.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.7
Mansfield3.47
10 Day High8.25
10 Day Low8.11
20 Day High8.25
20 Day Low8.03
52 Week High9.15
52 Week Low4.02
CS1 End8.17
CR1 Start8.23
Volume & EV
DER(3)-1.04%
DER(5)-3.44%
Volume3.15M
Volume Incr43.41%
Vol(5)1.32M
Vol(50)1.53M