ADAPTIVE BIOTECHNOLOGIES (ADPT) Stock Technical Analysis
NASDAQ:ADPT - US00650F1093 - Common Stock
13.31 USD
+0.34 (+2.62%)
13.31 USD
0 (0%)
We assign a technical rating of 10 out of 10 to ADPT. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ADPT did better than 96% of all other stocks. We also observe that the gains produced by ADPT over the past year are nicely spread over this period.
ADPT is part of the Life Sciences Tools & Services industry. There are 54 other stocks in this industry. ADPT outperforms 96% of them.
ADPT is currently making a new 52 week high. This is a strong signal. 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 10.02 - 13.52 range, which is quite wide. It is currently trading near the high of this range.
ADPT has an average volume of 2207650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
7.71
13.45
We found 6 important support areas.
- A support zone ranging from 12.99 to 13.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.29 to 12.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.21 from a trend line in the daily time frame.
- Support @10.68 from a trend line in the weekly time frame.
- Support @10.14 from a horizontal line in the daily time frame.
- Support @7.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.32 to 13.32. This zone is formed by a combination of multiple trend lines 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 ADPT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADPT is up. |
| ChartMill Relative Strength | 96.98 | POSITIVE | ADPT has a high relative strength, it outperformed 96.98% 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) | 65.65 | NEUTRAL | The RSI value for ADPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ADPT has a positive trend. |
| Stochastics (14,3) | 76.54 | NEUTRAL | The Stochastics value for ADPT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for ADPT suggests high volalility. |
| Average Directional Index/ADX (14) | 33.19 | POSITIVE | The high ADX value value for ADPT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
13.31
+0.34 (+2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg2.62%
1 Week5.38%
2 Weeks3.02%
1 Month29.98%
3 Month39.81%
6 Month61.14%
12 Month183.19%
2 Year96.6%
3 Year49.22%
5 Year-68.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%5.62%
ATR Inc-33.12%
Range Today0.48
ADR(20)0.74
ADR(20)%5.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.98
Mansfield5.22
10 Day High13.52
10 Day Low11.92
20 Day High13.52
20 Day Low10.02
52 Week High13.52
52 Week Low3.98
CS1 End13.18
CR1 Start13.32
Volume & EV
DER(3)2.24%
DER(5)3.7%
Volume1.80M
Volume Incr-28.63%
Vol(5)1.55M
Vol(50)2.21M