ADITXT INC (ADTX) Stock Technical Analysis
NASDAQ:ADTX - Nasdaq - US0070258027 - Common Stock - Currency: USD
Taking everything into account, ADTX scores 0 out of 10 in our technical rating. ADTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
99% of all other stocks performed better in the past year than ADTX.
ADTX is one of the lesser performing stocks in the Biotechnology industry. 87% of 550 stocks in the same industry do better.
ADTX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ADTX has a been trading in the 0.81 - 1.31 range, which is quite wide. It is currently trading near the high of this range.
ADTX has an average volume of 1001870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
ADTX has a poor technical rating and the quality of the setup is also 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
1.18
1.39
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.38 from a trend line 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 | DOWN | NEGATIVE | The long term trend for ADTX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADTX is neutral. |
| ChartMill Relative Strength | 1.31 | NEGATIVE | ADTX has a low relative strength, it was outperformed by 98.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ADTX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.17 | NEUTRAL | The RSI value for ADTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ADTX has a positive trend. |
| Stochastics (14,3) | 71.33 | NEUTRAL | The Stochastics value for ADTX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.71 | HIGH VOLATILITY | The high ATR as a percentage value for ADTX suggests high volalility. |
| Average Directional Index/ADX (14) | 11.71 | NEGATIVE | The low ADX value for ADTX 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)
1.19
-0.03 (-2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.46%
1 Week15.53%
2 Weeks0%
1 Month-0.83%
3 Month-31.21%
6 Month-94.71%
12 Month-99.99%
2 Year-100%
3 Year-100%
5 Year-100%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.71%
ATR Inc48.88%
Range Today0.11
ADR(20)0.1
ADR(20)%8.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.31
Mansfield-9.99
10 Day High1.29
10 Day Low0.81
20 Day High1.31
20 Day Low0.81
52 Week High11700
52 Week Low0.81
CS1 EndN/A
CR1 Start1.27
Volume & EV
DER(3)1.51%
DER(5)-2.2%
Volume240.10K
Volume Incr-36.91%
Vol(5)547.66K
Vol(50)1.00M