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ACADIAN TIMBER CORP (ADN.CA) Stock Technical Analysis

TSX:ADN - Toronto Stock Exchange - CA0042721005 - Common Stock - Currency: CAD

17.92  +0.02 (+0.11%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to ADN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ADN is only an average performer.

Warning: ADN has an average volume of 6064 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ADN is one of the better performing stocks in the Paper & Forest Products industry, it outperforms 80% of 11 stocks in the same industry.
ADN 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 ADN is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, ADN outperforms 48% of them, which is more or less in line with the market.
In the last month ADN has a been trading in a tight range between 17.06 and 18.04.
Weekly and Daily overview Charts
ACADIAN TIMBER CORP / ADN Weekly stock chart
ACADIAN TIMBER CORP / ADN Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, ADN also presents a decent setup pattern. 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 17.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADN in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

16.01

18.67

We found 2 important support areas.

  • A support zone ranging from 17.11 to 17.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.17 to 16.83. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 17.93 to 18.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ADN.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ADN.CA is up.
ChartMill Relative Strength48.7NEUTRALADN.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ADN.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ADN.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ADN.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)65.63NEUTRALThe RSI value for ADN.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests ADN.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)84.39OVERBOUGHTThe high Stochastics value suggests ADN.CA may be overbought.
Average True Range in percent/ATR (20)1.24LOW VOLATILITYThe low ATR as a percentage value for ADN.CA suggests low volalility.
Average Directional Index/ADX (14)20.38NEUTRALThe ADX value for ADN.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
18.0517.380.67 (3.71%)25.00%
An entry @18.05. This is a Buy Stop order right above the 10 day high.An exit @17.38. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.67 points, which is 3.71%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%.

  • 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.
ACADIAN TIMBER CORP / ADN Daily stock chart

ACADIAN TIMBER CORP

TSX:ADN (5/28/2025, 7:00:00 PM)

17.92

+0.02 (+0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0.11%
1 Week0.11%
2 Weeks1.47%
1 Month4%
3 Month2.93%
6 Month1.07%
12 Month2.22%
2 Year8.94%
3 Year-3.91%
5 Year29.86%
10 Year-5.68%
15 Year164.7%
Volatility
ATR(14)0.21
ATR(20)%1.24%
ATR Inc-34.73%
Range Today0.15
ADR(20)0.22
ADR(20)%1.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.7
Mansfield0.04
10 Day High18.04
10 Day Low17.39
20 Day High18.04
20 Day Low17.06
52 Week High18.48
52 Week Low16.33
CS1 End17.82
CR1 Start17.93
Volume & EV
DER(3)3.65%
DER(5)3.13%
Volume4.58K
Volume Incr-11.09%
Vol(5)5.13K
Vol(50)6.06K