USA - NASDAQ:ADN - US00788A2042 - Common Stock
We assign a technical rating of 0 out of 10 to ADN. ADN'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.
The technical rating of ADN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
0.91
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 | NEUTRAL | NEUTRAL | The long term trend for ADN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADN is down. |
| ChartMill Relative Strength | 3.56 | NEGATIVE | ADN has a low relative strength, it was outperformed by 96.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.9 | OVERSOLD | The low RSI value suggests ADN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests ADN has a negative trend. |
| Stochastics (14,3) | 3.3 | OVERSOLD | The low Stochastics value suggests ADN may be oversold. |
| Average True Range in percent/ATR (20) | 48.47 | HIGH VOLATILITY | The high ATR as a percentage value for ADN suggests high volalility. |
| Average Directional Index/ADX (14) | 14.05 | NEGATIVE | The low ADX value for ADN suggests a weak or negative trend. |
0.9185
-1.79 (-66.11%)
ChartMill assigns a technical rating of 0 / 10 to ADN.
The current trend direction for ADVENT TECHNOLOGIES HOLDINGS (ADN) is Bearish.
ADVENT TECHNOLOGIES HOLDINGS (ADN) has an RSI value of 22.8962. This indicates that the stock is currently oversold.
The short term momentum for ADVENT TECHNOLOGIES HOLDINGS (ADN) is negative.