Taking everything into account, ADOCW scores 7 out of 10 in our technical rating. In the last year, ADOCW 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.
ADOCW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ADOCW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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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 ADOCW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADOCW is neutral. |
| ChartMill Relative Strength | 99.46 | POSITIVE | ADOCW has a high relative strength, it outperformed 99.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ADOCW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADOCW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADOCW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.68 | NEUTRAL | The RSI value for ADOCW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ADOCW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.62 | NEUTRAL | The Stochastics value for ADOCW is a neutral value. |
| Average True Range in percent/ATR (20) | 47.28 | HIGH VOLATILITY | The high ATR as a percentage value for ADOCW suggests high volalility. |
| Average Directional Index/ADX (14) | 48.25 | POSITIVE | The high ADX value value for ADOCW suggests a strong trend. |
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 |
|---|---|---|---|
| 0.06 | 0.02 | 0.05 (76.21%) | 1.31% |
| An entry @0.06. This is a Buy Stop order right above the 10 day moving average. | An exit @0.02. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 76.21%. | For a 1.00% total portfolio risk, you can invest 1.31% of your capital in this trade. |
- 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.
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EDOC ACQUISITION CL A -CW27 / ADOCW FAQ
Can you provide the ChartMill technical rating for EDOC ACQUISITION CL A -CW27?
ChartMill assigns a technical rating of 7 / 10 to ADOCW.
Can you provide the trend direction for EDOC ACQUISITION CL A -CW27?
The current trend direction for EDOC ACQUISITION CL A -CW27 (ADOCW) is Bearish.
What is the RSI signal for ADOCW stock?
EDOC ACQUISITION CL A -CW27 (ADOCW) has an RSI value of 50.6788. This indicates that the stock is currently neutral.
What is the short term momentum for ADOCW stock?
The short term momentum for EDOC ACQUISITION CL A -CW27 (ADOCW) is neutral.