ADURO CLEAN TECHNOLOGIES INC (ADUR) Stock Technical Analysis
USA - NASDAQ:ADUR - CA0074082060 - Common Stock
Overall ADUR gets a technical rating of 5 out of 10. In the last year, ADUR was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
ADUR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.67, a Stop Loss order could be placed below this zone.
More info and screens
13.37
We found 1 important support area.
- A support zone ranging from 13.50 to 13.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.31 to 14.43. This zone is formed by a combination of multiple trend lines and important moving averages 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 ADUR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADUR is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ADUR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADUR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADUR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADUR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.51 | NEUTRAL | The RSI value for ADUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests ADUR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.17 | NEUTRAL | The Stochastics value for ADUR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.47 | HIGH VOLATILITY | The high ATR as a percentage value for ADUR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for ADUR suggests a weak or negative trend. |
14.26
-0.42 (-2.86%)
ADURO CLEAN TECHNOLOGIES INC / ADUR FAQ
What is the ChartMill technical rating of ADURO CLEAN TECHNOLOGIES INC (ADUR) stock?
ChartMill assigns a technical rating of 5 / 10 to ADUR.
What is the trend direction for ADUR stock?
The current trend direction for ADURO CLEAN TECHNOLOGIES INC (ADUR) is Bullish.
What is the RSI signal for ADUR stock?
ADURO CLEAN TECHNOLOGIES INC (ADUR) has an RSI value of 48.5138. This indicates that the stock is currently neutral.
What is the MACD signal for ADURO CLEAN TECHNOLOGIES INC (ADUR) stock?
The MACD indicator for ADURO CLEAN TECHNOLOGIES INC (ADUR) has a value of -0.21648, indicating a bearish trend.
What are the support and resistance levels for ADURO CLEAN TECHNOLOGIES INC (ADUR) stock?
ADURO CLEAN TECHNOLOGIES INC (ADUR) has a support level at 13.67 and a resistance level at 14.31. Check the full technical report for our detailed analysis of ADUR support and resistance levels.