Advanced Disposal Services Inc (ADSW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ADSW -
We assign a technical rating of 4 out of 10 to ADSW. ADSW has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When compared to the yearly performance of all other stocks, ADSW outperforms 41% of them, which is more or less in line with the market.
- ADSW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADSW is lagging the market.
- In the last month ADSW has a been trading in a tight range between 30.06 and 30.34.
Although the technical rating is only medium, ADSW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 30.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.27, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.62
When analyzing the support we notice one important area.
- A support zone ranging from 29.92 to 30.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 30.32 to 30.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.09 from a trend line in the daily time frame.
- A resistance zone ranging from 32.83 to 33.10. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for ADSW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADSW is up. |
| ChartMill Relative Strength | 41.79 | NEUTRAL | ADSW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADSW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADSW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADSW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.59 | NEUTRAL | The RSI value for ADSW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ADSW has a positive trend. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests ADSW may be overbought. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for ADSW suggests low volalility. |
30.3
+0.01 (+0.03%)
Advanced Disposal Services Inc / ADSW FAQ
Can you provide the ChartMill technical rating for Advanced Disposal Services Inc?
ChartMill assigns a technical rating of 4 / 10 to ADSW.
What is the current trend direction of Advanced Disposal Services Inc (ADSW) stock?
The current trend direction for Advanced Disposal Services Inc (ADSW) is Bearish.
What is the RSI signal for Advanced Disposal Services Inc (ADSW) stock?
Advanced Disposal Services Inc (ADSW) has an RSI value of 59.5852. This indicates that the stock is currently neutral.
What is the buy/sell signal for Advanced Disposal Services Inc (ADSW) stock?
The buy/sell signal for Advanced Disposal Services Inc (ADSW) is hold as the short term and long term trends are mixed.
What is the support and resistance level for ADSW stock?
Advanced Disposal Services Inc (ADSW) has a support level at 30.27 and a resistance level at 30.32. Check the full technical report for our detailed analysis of ADSW support and resistance levels.