Overall ADTN gets a technical rating of 7 out of 10. Although ADTN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, ADTN is a bad performer in the overall market: 75% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- ADTN has an average volume of 1262660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ADTN is an average performer in the Communications Equipment industry, it outperforms 44% of 48 stocks in the same industry.
- ADTN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADTN is lagging the market.
- In the last month ADTN has a been trading in the 8.49 - 10.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ADTN has an excellent technical rating, but 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
7.11
5 important support areas can be observed.
- A support zone ranging from 9.00 to 9.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.67 to 8.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.58 from a trend line in the weekly time frame.
- Support @7.43 from a horizontal line in the weekly time frame.
- Support @7.18 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @10.02 from a trend line in the weekly time frame.
- Resistance @10.43 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.61 to 10.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The long term trend for ADTN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADTN is up. |
| ChartMill Relative Strength | 25.35 | NEGATIVE | ADTN has a low relative strength, it was outperformed by 74.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADTN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADTN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADTN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.94 | NEUTRAL | The RSI value for ADTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ADTN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.02 | NEUTRAL | The Stochastics value for ADTN is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for ADTN suggests some volalility. |
| Average Directional Index/ADX (14) | 30.18 | POSITIVE | The high ADX value value for ADTN suggests a strong trend. |
9.55
-0.35 (-3.54%)
ADTRAN HOLDINGS INC / ADTN FAQ
Can you provide the ChartMill technical rating for ADTRAN HOLDINGS INC?
ChartMill assigns a technical rating of 7 / 10 to ADTN.
What is the trend direction for ADTN stock?
The current trend direction for ADTRAN HOLDINGS INC (ADTN) is Bullish.
Can you provide the RSI signal for ADTRAN HOLDINGS INC?
ADTRAN HOLDINGS INC (ADTN) has an RSI value of 59.938. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ADTRAN HOLDINGS INC?
The short term momentum for ADTRAN HOLDINGS INC (ADTN) is positive.
What is the support and resistance level for ADTN stock?
ADTRAN HOLDINGS INC (ADTN) has a support level at 9.01 and a resistance level at 10.02. Check the full technical report for our detailed analysis of ADTN support and resistance levels.