ADIENT PLC (ADNT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ADNT - IE00BD845X29 - Common Stock
Overall ADNT gets a technical rating of 0 out of 10. ADNT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ADNT does present a nice setup opportunity. 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 19.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.24, a Stop Loss order could be placed below this zone.
More info and screens
18.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.89 to 19.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.52 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 19.39 to 19.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.34 from a trend line in the daily time frame.
- Resistance @24.02 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for ADNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADNT is down. |
| ChartMill Relative Strength | 28.13 | NEGATIVE | ADNT has a low relative strength, it was outperformed by 71.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ADNT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ADNT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.96 | NEUTRAL | The RSI value for ADNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ADNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.47 | NEUTRAL | The Stochastics value for ADNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for ADNT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.7 | NEGATIVE | The low ADX value for ADNT suggests a weak or negative trend. |
19.37
+0.08 (+0.41%)
ADIENT PLC / ADNT FAQ
What is the technical rating for ADNT stock?
ChartMill assigns a technical rating of 0 / 10 to ADNT.
Can you provide the trend direction for ADIENT PLC?
The current trend direction for ADIENT PLC (ADNT) is Bearish.
What is the RSI signal for ADIENT PLC (ADNT) stock?
ADIENT PLC (ADNT) has an RSI value of 47.9581. This indicates that the stock is currently neutral.
What is the short term momentum for ADNT stock?
The short term momentum for ADIENT PLC (ADNT) is negative.
Can you provide the buy/sell signal for ADIENT PLC?
The buy/sell signal for ADIENT PLC (ADNT) is sell as both the short term and long term trends are negative.