ADAPTIVE BIOTECHNOLOGIES (ADPT) Technical Analysis
NASDAQ:ADPT • US00650F1093
Current stock price
ADPT Technical Rating and Analysis
Taking everything into account, ADPT scores 4 out of 10 in our technical rating. Although ADPT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month ADPT has a been trading in the 12.00 - 16.95 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.
- ADPT is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 92% of 56 stocks in the same industry.
- ADPT has an average volume of 1999790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, ADPT did better than 81% of all other stocks. On top of that, ADPT also shows a nice and consistent pattern of rising prices. However, we also see that ADPT couldn't keep up this performance in the last couple of months.
- ADPT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ADPT is lagging the market slightly.
ADPT Weekly and Daily overview Charts
ADPT Setup Rating and Analysis
ADPT has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ADPT Support and Resistance Analysis
12.17
When analyzing the support we notice one important area.
- A support zone ranging from 12.29 to 12.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.16 to 14.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @17.30 from a trend line in the weekly time frame.
- Resistance @18.00 from a trend line in the daily time frame.
ADPT 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 | DOWN | NEGATIVE | The long term trend for ADPT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADPT is down. |
| ChartMill Relative Strength | 81.88 | POSITIVE | ADPT has a high relative strength, it outperformed 81.88% 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) | DOWN | NEGATIVE | The current price of ADPT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ADPT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.18 | NEUTRAL | The RSI value for ADPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ADPT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.55 | NEUTRAL | The Stochastics value for ADPT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.99 | HIGH VOLATILITY | The high ATR as a percentage value for ADPT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.63 | POSITIVE | The high ADX value value for ADPT suggests a strong trend. |
ADPT Chart- and CandleStick Pattern Analysis
ADPT Technicals: Chart, Performance Metrics, Trend & Indicators
12.41
-1.55 (-11.1%)
ADAPTIVE BIOTECHNOLOGIES / ADPT TA FAQ
Can you provide the ChartMill technical rating for ADAPTIVE BIOTECHNOLOGIES?
ChartMill assigns a technical rating of 4 / 10 to ADPT.
What is the trend direction for ADPT stock?
The current trend direction for ADAPTIVE BIOTECHNOLOGIES (ADPT) is Bearish.
Can you provide the RSI signal for ADAPTIVE BIOTECHNOLOGIES?
ADAPTIVE BIOTECHNOLOGIES (ADPT) has an RSI value of 31.1773. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ADAPTIVE BIOTECHNOLOGIES?
The short term momentum for ADAPTIVE BIOTECHNOLOGIES (ADPT) is negative.
What is the buy/sell signal for ADAPTIVE BIOTECHNOLOGIES (ADPT) stock?
The buy/sell signal for ADAPTIVE BIOTECHNOLOGIES (ADPT) is sell as both the short term and long term trends are negative.