ADN1 Technical Analysis - ADESSO SE

Technical Rating and Analysis

Taking everything into account, ADN1 scores 1 out of 10 in our technical rating. ADN1 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

74% of all other stocks performed better in the past year than ADN1.

Warning: ADN1 has an average volume of 6958 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

ADN1 is an average performer in the IT Services industry, it outperforms 44% of 71 stocks in the same industry.

ADN1 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADN1 is lagging the market.

In the last month ADN1 has a been trading in the 80.60 - 93.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ADN1 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 87.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 84.50, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

80.78

102.26

When analyzing the support we can see 2 important areas.

A support zone ranging from 87.78 to 88.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 81.60 to 84.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

Resistance @101.25 from a trend line in the weekly time frame.

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What is Support and Resistance

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Support and Resistance Screener and Trading Strategies

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 ADN1.DE is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ADN1.DE is neutral.
ChartMill Relative Strength	26.77	NEGATIVE	ADN1.DE has a low relative strength, it was outperformed by 73.23% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ADN1.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ADN1.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ADN1.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)	50.89	NEUTRAL	The RSI value for ADN1.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.4	POSITIVE	The MACD value suggests ADN1.DE has a positive trend.
Stochastics (14,3)	67.92	NEUTRAL	The Stochastics value for ADN1.DE is a neutral value.
Average True Range in percent/ATR (20)	2.77	MEDIUM VOLATILITY	The ATR as a percentage value for ADN1.DE suggests some volalility.
Average Directional Index/ADX (14)	19.76	NEGATIVE	The low ADX value for ADN1.DE suggests a weak or negative trend.