ADAPTIVE BIOTECHNOLOGIES (ADPT) Stock Technical Analysis
USA - NASDAQ:ADPT - US00650F1093 - Common Stock
Taking everything into account, ADPT scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although ADPT 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
12.25
4 important support areas can be observed.
- Support @14.10 from a horizontal line in the weekly time frame.
- Support @13.85 from a trend line in the daily time frame.
- A support zone ranging from 12.59 to 12.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.37 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.83 to 17.83. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for ADPT is neutral. |
| ChartMill Relative Strength | 98.38 | POSITIVE | ADPT has a high relative strength, it outperformed 98.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ADPT is above a declining 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) | 57.13 | NEUTRAL | The RSI value for ADPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ADPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.08 | NEUTRAL | The Stochastics value for ADPT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for ADPT suggests high volalility. |
| Average Directional Index/ADX (14) | 27.7 | POSITIVE | The high ADX value value for ADPT suggests a strong trend. |
16.32
+1.17 (+7.72%)
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 57.1279. 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 -0.104662, indicating a bearish trend.
What is the short term momentum for ADAPTIVE BIOTECHNOLOGIES (ADPT) stock?
The short term momentum for ADAPTIVE BIOTECHNOLOGIES (ADPT) is neutral.