ADTRAN HOLDINGS INC (ADTN) Stock Technical Analysis
NASDAQ:ADTN - US00486H1059 - Common Stock
9.38 USD
-0.07 (-0.74%)
9.38 USD
0 (0%)
Taking everything into account, ADTN scores 10 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ADTN did better than 90% of all other stocks.
ADTN is one of the better performing stocks in the Communications Equipment industry, it outperforms 72% of 48 stocks in the same industry.
In the last month ADTN has a been trading in the 7.95 - 9.49 range, which is quite wide. It is currently trading near the high of this range.
ADTN has an average volume of 1163700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Although ADTN has an excellent technical rating, the quality of the presented setup is not ideal 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
7.36
9.78
We found 6 important support areas.
- A support zone ranging from 8.87 to 9.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.58 from a horizontal line in the weekly time frame.
- Support @8.39 from a trend line in the daily time frame.
- A support zone ranging from 8.08 to 8.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.95 from a trend line in the daily time frame.
- Support @7.43 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.44 to 9.68. 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 | 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 | 90.32 | POSITIVE | ADTN has a high relative strength, it outperformed 90.32% 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) | 55.93 | NEUTRAL | The RSI value for ADTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ADTN has a positive trend. |
| Stochastics (14,3) | 93.45 | OVERBOUGHT | The high Stochastics value suggests ADTN may be overbought. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for ADTN suggests some volalility. |
| Average Directional Index/ADX (14) | 13.47 | NEGATIVE | The low ADX value for ADTN suggests a weak or negative trend. |
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)
9.38
-0.07 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.74%
1 Week2.29%
2 Weeks6.11%
1 Month7.08%
3 Month16.81%
6 Month-11.26%
12 Month68.1%
2 Year9.71%
3 Year-59.64%
5 Year-15.42%
10 Year-41.45%
15 Year-70.16%
Volatility
ATR(14)0.32
ATR(20)%4.29%
ATR Inc-46.08%
Range Today0.18
ADR(20)0.37
ADR(20)%3.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.32
Mansfield0.3
10 Day High9.49
10 Day Low8.27
20 Day High9.49
20 Day Low7.95
52 Week High12.44
52 Week Low4.93
CS1 End9.08
CR1 Start9.44
Volume & EV
DER(3)0.95%
DER(5)2.27%
Volume1.26M
Volume Incr-27.01%
Vol(5)758.12K
Vol(50)1.16M