BLDRS Developed Markets 100 ADR ETF (ADRD) Stock Technical Analysis
NASDAQ:ADRD - Nasdaq -
We assign a technical rating of 4 out of 10 to ADRD. 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.
Warning: ADRD has an average volume of 7506 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ADRD 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 ADRD is lagging the market slightly.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, ADRD turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
In the last month ADRD has a been trading in a tight range between 21.58 and 22.66.
Considerably lower volume is observed in the last couple of days.
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
22.91
We found 3 important support areas.
- 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.
We found 1 important resistance 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. |
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)
BLDRS Developed Markets 100 ADR ETF
NASDAQ:ADRD (2/13/2020, 8:17:18 PM)
22.225
-0.16 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.71%
1 Week0.27%
2 Weeks0.95%
1 Month-1.35%
3 Month1.41%
6 Month9.31%
12 Month4.98%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.82%
ATR Inc29.76%
Range Today0.09
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.23
Mansfield-0.84
10 Day High22.39
10 Day Low21.58
20 Day High22.66
20 Day Low21.58
52 Week High22.68
52 Week Low20.05
CS1 End22.18
CR1 Start22.26
Volume & EV
DER(3)0%
DER(5)0%
Volume2.50K
Volume Incr-89.13%
Vol(5)1.40K
Vol(50)7.51K