ADIENT PLC (ADNT) Technical Analysis
NYSE:ADNT • IE00BD845X29
Current stock price
ADNT Technical Rating and Analysis
Overall ADNT gets a technical rating of 6 out of 10. In the last year, ADNT was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- 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 one of the better performing stocks in the Automobile Components industry, it outperforms 70% of 42 stocks in the same industry.
- In the last month ADNT has a been trading in the 19.19 - 22.79 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that ADNT is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- ADNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADNT is lagging the market.
ADNT Weekly and Daily overview Charts
ADNT Setup Rating and Analysis
Although the technical rating is only medium, ADNT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.43, a Stop Loss order could be placed below this zone.
More info and screens
ADNT Support and Resistance Analysis
18.33
3 important support areas can be observed.
- A support zone ranging from 20.52 to 21.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.04 to 19.47. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.79 to 22.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ADNT 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 | 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 | 85.94 | POSITIVE | ADNT has a high relative strength, it outperformed 85.94% 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 | NEGATIVE | The current price of ADNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.09 | NEUTRAL | The RSI value for ADNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests ADNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.34 | NEUTRAL | The Stochastics value for ADNT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for ADNT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.85 | NEUTRAL | The ADX value for ADNT suggests a possible start of a new trend. |
ADNT Chart- and CandleStick Pattern Analysis
ADNT Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.34 | 20.51 | 1.83 (8.19%) | 12.21% |
| An entry @22.34. This is a Buy Stop order right above the resistance zone. | An exit @20.51. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.83 points, which is 8.19%. | When investing 12.21% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ADNT Technicals: Chart, Performance Metrics, Trend & Indicators
21.68
-0.2 (-0.91%)
ADIENT PLC / ADNT TA FAQ
What is the technical rating for ADNT stock?
ChartMill assigns a technical rating of 6 / 10 to ADNT.
What is the current trend direction of ADIENT PLC (ADNT) stock?
The current trend direction for ADIENT PLC (ADNT) is Bearish.
Can you provide the RSI signal for ADIENT PLC?
ADIENT PLC (ADNT) has an RSI value of 55.0943. This indicates that the stock is currently neutral.
What are the support and resistance levels for ADIENT PLC (ADNT) stock?
ADIENT PLC (ADNT) has a support level at 21.43 and a resistance level at 21.79. Check the full technical report for our detailed analysis of ADNT support and resistance levels.