ADVENT TECHNOLOGIES HOLDINGS (ADN) Stock Technical Analysis
NASDAQ:ADN - US00788A2042 - Common Stock
3.75 USD
-0.09 (-2.34%)
3.7 USD
-0.05 (-1.33%)
Overall ADN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ADN has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 Electrical Equipment industry, it outperforms 80% of 92 stocks in the same industry.
ADN has an average volume of 1129940 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 ADN is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ADN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADN is lagging the market.
In the last month ADN has a been trading in the 1.81 - 6.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ADN has an excellent technical rating, it does not offer a high 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
1.82
5.22
When analyzing the support we notice one important area.
- Support @1.84 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.76 to 3.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.17 from a trend line 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 ADN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADN is up. |
| ChartMill Relative Strength | 91.96 | POSITIVE | ADN has a high relative strength, it outperformed 91.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ADN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADN is above the rising 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) | 51.22 | NEUTRAL | The RSI value for ADN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ADN has a negative trend. |
| Stochastics (14,3) | 39.18 | NEUTRAL | The Stochastics value for ADN is a neutral value. |
| Average True Range in percent/ATR (20) | 21.63 | HIGH VOLATILITY | The high ATR as a percentage value for ADN suggests high volalility. |
| Average Directional Index/ADX (14) | 50.13 | POSITIVE | The high ADX value value for ADN suggests a strong 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)
3.75
-0.09 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.34%
1 Week-27.33%
2 Weeks-16.29%
1 Month101.61%
3 Month29.31%
6 Month-16.29%
12 Month76.89%
2 Year-68.05%
3 Year-95.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%21.63%
ATR Inc-43.65%
Range Today0.39
ADR(20)0.79
ADR(20)%21.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.96
Mansfield-0.5
10 Day High6.18
10 Day Low3.7
20 Day High6.18
20 Day Low1.81
52 Week High8.79
52 Week Low1.71
CS1 End1.84
CR1 Start3.76
Volume & EV
DER(3)-5.64%
DER(5)-5.58%
Volume246.30K
Volume Incr-70.02%
Vol(5)762.74K
Vol(50)1.13M