ADIENT PLC (ADNT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ADNT - IE00BD845X29 - Common Stock
We assign a technical rating of 5 out of 10 to ADNT. In the past year, ADNT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- 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.
- In the last month ADNT has a been trading in the 18.96 - 23.76 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- ADNT has an average volume of 1323360 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 ADNT is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- ADNT is part of the Automobile Components industry. There are 42 other stocks in this industry, ADNT did better than 48% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ADNT has an average technical rating and it also does not offer a high 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.
More info and screens
18.54
We found 3 important support areas.
- A support zone ranging from 19.61 to 19.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.04 to 19.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.73 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @23.60 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ADNT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADNT is up. |
| ChartMill Relative Strength | 71.89 | POSITIVE | ADNT has a high relative strength, it outperformed 71.89% off all stocks 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) | DOWN | MIXED | The current price of ADNT is above a declining 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) | 62.2 | NEUTRAL | The RSI value for ADNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests ADNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.2 | OVERBOUGHT | The high Stochastics value suggests ADNT may be overbought. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for ADNT suggests some volalility. |
| Average Directional Index/ADX (14) | 29.38 | POSITIVE | The high ADX value value for ADNT suggests a strong trend. |
22.03
-1.38 (-5.89%)
ADIENT PLC / ADNT FAQ
What is the technical rating for ADNT stock?
ChartMill assigns a technical rating of 5 / 10 to ADNT.
What is the current trend direction of ADIENT PLC (ADNT) stock?
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 62.2047. 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 0.40848, indicating a bearish trend.
What is the support and resistance level for ADNT stock?
ADIENT PLC (ADNT) has a support level at 19.65 and a resistance level at 23.6. Check the full technical report for our detailed analysis of ADNT support and resistance levels.