ADPT Technical Analysis - ADAPTIVE BIOTECHNOLOGIES

Technical Rating and Analysis

Overall ADPT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ADPT has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

When comparing the yearly performance of all stocks, we notice that ADPT is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, ADPT also shows a nice and consistent pattern of rising prices.

ADPT is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry. ADPT outperforms 98% of them.

ADPT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month ADPT has a been trading in the 12.51 - 17.89 range, which is quite wide. It is currently trading near the high of this range.

ADPT has an average volume of 1905770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ADAPTIVE BIOTECHNOLOGIES / ADPT Weekly stock chart

ADAPTIVE BIOTECHNOLOGIES / ADPT Daily stock chart

Setup Rating and Analysis

Although ADPT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

11.69

16.61

When analyzing the support we can see 3 important areas.

A support zone ranging from 16.42 to 16.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @13.07 from a trend line in the daily time frame.
A support zone ranging from 11.81 to 11.97. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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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	UP	POSITIVE	The long term trend for ADPT is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ADPT is up.
ChartMill Relative Strength	98.18	POSITIVE	ADPT has a high relative strength, it outperformed 98.18% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ADPT is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ADPT is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ADPT is above the rising SMA(200).
Relative Strength Index/RSI (14)	58.55	NEUTRAL	The RSI value for ADPT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.13	POSITIVE	The MACD value suggests ADPT has a positive trend, although the MACD value is declining.
Stochastics (14,3)	82.33	OVERBOUGHT	The high Stochastics value suggests ADPT may be overbought.
Average True Range in percent/ATR (20)	5.2	HIGH VOLATILITY	The high ATR as a percentage value for ADPT suggests high volalility.
Average Directional Index/ADX (14)	40.57	POSITIVE	The high ADX value value for ADPT suggests a strong trend.