ADARA ACQUISITION CORP-CL A (ADRA)
US00653H1023 - Common Stock
We assign a technical rating of 0 out of 10 to ADRA. ADRA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, ADRA is a bad performer in the overall market: 84% of all stocks are doing better.
ADRA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ADRA is lagging the market.
In the last month ADRA has a been trading in the 7.76 - 12.24 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.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of ADRA is bad and it also does not present a 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
8.07
10.61
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.72 to 10.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.50 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.89
Mansfield-1.91
10 Day High10.55
10 Day Low7.76
20 Day High12.24
20 Day Low7.76
52 Week High12.24
52 Week Low7.76
Performance
1 Week-11.22%
2 Weeks-21.45%
1 Month-17.68%
3 Month-18.66%
6 Month-18.09%
12 Month-16.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.18
RSI(14)32.36
LBB8.1
UBB11.35
ADARA ACQUISITION CORP-CL A
NYSEARCA:ADRA (2/10/2023, 7:04:01 PM)
8.15
-1.31 (-13.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-13.82%
1 Week-11.22%
2 Weeks-21.45%
1 Month-17.68%
3 Month-18.66%
6 Month-18.09%
12 Month-16.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.89
ATR(20)%10.53%
ATR Inc
Range Today1.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.55
10 Day Low7.76
20 Day High12.24
20 Day Low7.76
52 Week High12.24
52 Week Low7.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume55.00K
Volume Incr-28.63%
Vol(5)41.96K
Vol(50)45.39K