ADIENT PLC (ADNT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ADNT - IE00BD845X29 - Common Stock
We assign a technical rating of 7 out of 10 to ADNT. In the last year, ADNT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- ADNT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ADNT is lagging the market slightly.
- ADNT has an average volume of 1223060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ADNT outperforms 64% of them, which is more or less in line with the market.
- ADNT is an average performer in the Automobile Components industry, it outperforms 41% of 42 stocks in the same industry.
- In the last month ADNT has a been trading in the 18.96 - 23.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ADNT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
18.33
3 important support areas can be observed.
- Support @19.51 from a trend line in the daily time frame.
- A support zone ranging from 18.91 to 19.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @18.52 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 22.03 to 22.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.31 to 23.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 24.02 to 24.07. This zone is formed by a combination of multiple trend lines 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 ADNT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADNT is up. |
| ChartMill Relative Strength | 64.68 | NEUTRAL | ADNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.36 | NEUTRAL | The RSI value for ADNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ADNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.16 | NEUTRAL | The Stochastics value for ADNT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for ADNT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.96 | POSITIVE | The high ADX value value for ADNT suggests a strong trend. |
21.59
-0.64 (-2.88%)
ADIENT PLC / ADNT FAQ
What is the technical rating for ADNT stock?
ChartMill assigns a technical rating of 7 / 10 to ADNT.
What is the current trend direction of ADIENT PLC (ADNT) stock?
The current trend direction for ADIENT PLC (ADNT) is Bullish.
What is the RSI signal for ADIENT PLC (ADNT) stock?
ADIENT PLC (ADNT) has an RSI value of 54.3611. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ADIENT PLC?
The MACD indicator for ADIENT PLC (ADNT) has a value of 0.0062372, indicating a bearish trend.
What is the support and resistance level for ADNT stock?
ADIENT PLC (ADNT) has a support level at 19.51 and a resistance level at 22.03. Check the full technical report for our detailed analysis of ADNT support and resistance levels.