ADTRAN HOLDINGS INC (ADTN) Technical Analysis
NASDAQ:ADTN • US00486H1059
Current stock price
ADTN Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ADTN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ADTN is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ADTN did better than 91% of all other stocks. On top of that, ADTN also shows a nice and consistent pattern of rising prices.
- ADTN is one of the better performing stocks in the Communications Equipment industry, it outperforms 76% of 48 stocks in the same industry.
- ADTN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ADTN is performing more or less in line with the market.
- In the last month ADTN has a been trading in the 9.25 - 13.10 range, which is quite wide. It is currently trading near the high of this range.
- ADTN has an average volume of 1500680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
ADTN Weekly and Daily overview Charts
ADTN Setup Rating and Analysis
Although ADTN has an excellent technical rating, it does not present a decent entry opportunity 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
ADTN Support and Resistance Analysis
7.36
We found 4 important support areas.
- A support zone ranging from 12.18 to 12.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.13 from a trend line in the daily time frame.
- Support @7.95 from a trend line in the weekly time frame.
- Support @7.43 from a horizontal line in the weekly time frame.
ADTN Technical Indicator Signal Analysis
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 | 91.1 | POSITIVE | ADTN has a high relative strength, it outperformed 91.1% 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) | 65.22 | NEUTRAL | The RSI value for ADTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ADTN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.55 | OVERBOUGHT | The high Stochastics value suggests ADTN may be overbought. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for ADTN suggests some volalility. |
| Average Directional Index/ADX (14) | 33.06 | POSITIVE | The high ADX value value for ADTN suggests a strong trend. |
ADTN Chart- and CandleStick Pattern Analysis
ADTN Technicals: Chart, Performance Metrics, Trend & Indicators
12.58
+0.39 (+3.2%)
ADTRAN HOLDINGS INC / ADTN TA FAQ
Can you provide the ChartMill technical rating for ADTRAN HOLDINGS INC?
ChartMill assigns a technical rating of 10 / 10 to ADTN.
Can you provide the trend direction for ADTRAN HOLDINGS INC?
The current trend direction for ADTRAN HOLDINGS INC (ADTN) is Bullish.
What is the RSI signal for ADTN stock?
ADTRAN HOLDINGS INC (ADTN) has an RSI value of 65.2152. This indicates that the stock is currently neutral.
What is the MACD signal for ADTRAN HOLDINGS INC (ADTN) stock?
The MACD indicator for ADTRAN HOLDINGS INC (ADTN) has a value of 0.133831, indicating a bearish trend.
What is the buy/sell signal for ADTN stock?
The buy/sell signal for ADTRAN HOLDINGS INC (ADTN) is buy as both the short term and long term trends are positive.