BLDRS Developed Markets 100 ADR ETF (ADRD) Stock Technical Analysis
USA - NASDAQ:ADRD -
Taking everything into account, ADRD scores 4 out of 10 in our technical rating. In the last year, ADRD was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
ADRD has an average technical rating and also the quality of the setup is only medium 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
19.85
3 important support areas can be observed.
- A support zone ranging from 21.47 to 22.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.98 from a trend line in the weekly time frame.
- Support @20.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.26 to 22.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for ADRD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADRD is neutral. |
| ChartMill Relative Strength | 49.23 | NEUTRAL | ADRD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ADRD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ADRD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.1 | NEUTRAL | The RSI value for ADRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ADRD has a positive trend. |
| Stochastics (14,3) | 76.57 | NEUTRAL | The Stochastics value for ADRD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for ADRD suggests low volalility. |
BLDRS Developed Markets 100 ADR ETF
NASDAQ:ADRD (2/13/2020, 8:17:18 PM)
22.225
-0.16 (-0.71%)
BLDRS Developed Markets 100 ADR ETF / ADRD FAQ
Can you provide the ChartMill technical rating for BLDRS Developed Markets 100 ADR ETF?
ChartMill assigns a technical rating of 4 / 10 to ADRD.
Can you provide the trend direction for BLDRS Developed Markets 100 ADR ETF?
The current trend direction for BLDRS Developed Markets 100 ADR ETF (ADRD) is Bearish.
What is the RSI signal for BLDRS Developed Markets 100 ADR ETF (ADRD) stock?
BLDRS Developed Markets 100 ADR ETF (ADRD) has an RSI value of 51.1026. This indicates that the stock is currently neutral.
What is the MACD signal for ADRD stock?
The MACD indicator for BLDRS Developed Markets 100 ADR ETF (ADRD) has a value of 0.0249422, indicating a bearish trend.