ADAPTIVE BIOTECHNOLOGIES (ADPT) Stock Technical Analysis
USA - NASDAQ:ADPT - US00650F1093 - Common Stock
14.14 USD
-0.36 (-2.48%)
14.14 USD
0 (0%)
Overall ADPT gets a technical rating of 8 out of 10. In the last year, ADPT was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month ADPT has a been trading in the 13.93 - 17.89 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that ADPT is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, ADPT also shows a nice and consistent pattern of rising prices.
ADPT is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 96% of 58 stocks in the same industry.
ADPT 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 ADPT is lagging the market slightly.
ADPT has an average volume of 1882930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although ADPT has an excellent technical rating, it does not offer a high quality setup 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
12.11
14.28
4 important support areas can be observed.
- A support zone ranging from 14.13 to 14.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.84 from a trend line in the daily time frame.
- A support zone ranging from 12.44 to 12.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.23 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for ADPT is down. |
| ChartMill Relative Strength | 96.51 | POSITIVE | ADPT has a high relative strength, it outperformed 96.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADPT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ADPT is below 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) | 37.39 | NEUTRAL | The RSI value for ADPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests ADPT has a negative trend. |
| Stochastics (14,3) | 6.68 | OVERSOLD | The low Stochastics value suggests ADPT may be oversold. |
| Average True Range in percent/ATR (20) | 6.31 | HIGH VOLATILITY | The high ATR as a percentage value for ADPT suggests high volalility. |
| Average Directional Index/ADX (14) | 28.81 | 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)
14.14
-0.36 (-2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-2.48%
1 Week-9.13%
2 Weeks-16.38%
1 Month-18.12%
3 Month8.44%
6 Month56.24%
12 Month178.35%
2 Year222.83%
3 Year61.05%
5 Year-70.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%6.31%
ATR Inc-26.99%
Range Today0.36
ADR(20)0.84
ADR(20)%5.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.51
3 months CRS79.29
6 months CRS91.59
Mansfield2.89
10 Day High17.76
10 Day Low13.93
20 Day High17.89
20 Day Low13.93
52 Week High17.89
52 Week Low4.27
CS1 End14.13
CR1 StartN/A
Volume & EV
DER(3)0.37%
DER(5)0.69%
Volume2.32M
Volume Incr39.09%
Vol(5)2.27M
Vol(50)1.88M
ADAPTIVE BIOTECHNOLOGIES / ADPT FAQ
Can you provide the ChartMill technical rating for ADAPTIVE BIOTECHNOLOGIES?
ChartMill assigns a technical rating of 8 / 10 to ADPT.
What is the current trend direction of ADAPTIVE BIOTECHNOLOGIES (ADPT) stock?
The current trend direction for ADAPTIVE BIOTECHNOLOGIES (ADPT) is Bullish.
What is the RSI signal for ADPT stock?
ADAPTIVE BIOTECHNOLOGIES (ADPT) has an RSI value of 37.3891. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ADAPTIVE BIOTECHNOLOGIES?
The MACD indicator for ADAPTIVE BIOTECHNOLOGIES (ADPT) has a value of -0.448922, indicating a bearish trend.
What is the short term momentum for ADAPTIVE BIOTECHNOLOGIES (ADPT) stock?
The short term momentum for ADAPTIVE BIOTECHNOLOGIES (ADPT) is negative.