Taking everything into account, ADTN scores 6 out of 10 in our technical rating. In the last year, ADTN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 73% of all other stocks performed better in the past year than ADTN.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month ADTN has a been trading in the 8.49 - 9.38 range, which is quite wide. It is currently trading near the high of this range.
- ADTN has an average volume of 1348870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ADTN is part of the Communications Equipment industry. There are 48 other stocks in this industry, ADTN did better than 46% of them.
- 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.
ADTN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 8.73, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
7.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.67 to 8.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.43 to 7.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @7.24 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @9.26 from a trend line in the daily time frame.
- Resistance @10.05 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 | NEUTRAL | NEUTRAL | The long term trend for ADTN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADTN is up. |
| ChartMill Relative Strength | 27.49 | NEGATIVE | ADTN has a low relative strength, it was outperformed by 72.51% 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) | 58.53 | NEUTRAL | The RSI value for ADTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ADTN has a positive trend. |
| Stochastics (14,3) | 60.58 | NEUTRAL | The Stochastics value for ADTN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ADTN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.41 | POSITIVE | The high ADX value value for ADTN suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.27 | 8.66 | 0.61 (6.58%) | 15.20% |
| An entry @9.27. This is a Buy Stop order right above the resistance zone. | An exit @8.66. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.61 points, which is 6.58%. | For a 1.00% total portfolio risk, you can invest 15.20% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.25
+0.16 (+1.76%)
ADTRAN HOLDINGS INC / ADTN FAQ
Can you provide the ChartMill technical rating for ADTRAN HOLDINGS INC?
ChartMill assigns a technical rating of 6 / 10 to ADTN.
What is the trend direction for ADTN stock?
The current trend direction for ADTRAN HOLDINGS INC (ADTN) is Bearish.
Can you provide the RSI signal for ADTRAN HOLDINGS INC?
ADTRAN HOLDINGS INC (ADTN) has an RSI value of 58.5308. 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 8.73 and a resistance level at 9.26. Check the full technical report for our detailed analysis of ADTN support and resistance levels.