DOC ACQUISITION CORP-RIGHTS (ADOCR) Stock Technical Analysis
NASDAQ:ADOCR • KYG4000A1360
Overall ADOCR gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ADOCR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- ADOCR 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 ADOCR is lagging the market slightly.
- In the last month ADOCR has a been trading in the 0.16 - 0.30 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.
- When comparing the yearly performance of all stocks, we notice that ADOCR is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ADOCR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.19 to 0.19. 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 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 ADOCR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADOCR is up. |
| ChartMill Relative Strength | 98.21 | POSITIVE | ADOCR has a high relative strength, it outperformed 98.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADOCR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADOCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADOCR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.21 | OVERBOUGHT | The high RSI value suggests ADOCR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ADOCR has a positive trend. |
| Stochastics (14,3) | 71.01 | NEUTRAL | The Stochastics value for ADOCR is a neutral value. |
| Average True Range in percent/ATR (20) | 8 | HIGH VOLATILITY | The high ATR as a percentage value for ADOCR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.45 | NEGATIVE | The low ADX value for ADOCR suggests a weak or negative trend. |
0.27
+0.07 (+35%)
DOC ACQUISITION CORP-RIGHTS / ADOCR FAQ
What is the ChartMill technical rating of DOC ACQUISITION CORP-RIGHTS (ADOCR) stock?
ChartMill assigns a technical rating of 9 / 10 to ADOCR.
Can you provide the trend direction for DOC ACQUISITION CORP-RIGHTS?
The current trend direction for DOC ACQUISITION CORP-RIGHTS (ADOCR) is Bullish.
What is the RSI signal for DOC ACQUISITION CORP-RIGHTS (ADOCR) stock?
DOC ACQUISITION CORP-RIGHTS (ADOCR) has an RSI value of 72.2125. This indicates that the stock is currently overbought.
What is the MACD signal for ADOCR stock?
The MACD indicator for DOC ACQUISITION CORP-RIGHTS (ADOCR) has a value of 0.00402764, indicating a bearish trend.
Can you provide the buy/sell signal for DOC ACQUISITION CORP-RIGHTS?
The buy/sell signal for DOC ACQUISITION CORP-RIGHTS (ADOCR) is buy as both the short term and long term trends are positive.