ADDUS HOMECARE CORP (ADUS) Stock Technical Analysis
NASDAQ:ADUS • US0067391062
Taking everything into account, ADUS scores 1 out of 10 in our technical rating. ADUS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ADUS is a bad performer in the overall market: 71% of all stocks are doing better.
- In the last month ADUS has a been trading in the 100.00 - 118.22 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- ADUS is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, ADUS did better than 52% of them.
- ADUS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADUS is lagging the market.
ADUS has a poor technical rating and the quality of the setup is also not perfect 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
102.49
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 108.97 to 110.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 115.14 to 117.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @120.92 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ADUS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADUS is down. |
| ChartMill Relative Strength | 29.19 | NEGATIVE | ADUS has a low relative strength, it was outperformed by 70.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ADUS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADUS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADUS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.24 | NEUTRAL | The RSI value for ADUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests ADUS has a negative trend. |
| Stochastics (14,3) | 23.51 | NEUTRAL | The Stochastics value for ADUS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for ADUS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for ADUS suggests a possible start of a new trend. |
103.53
-0.49 (-0.47%)
ADDUS HOMECARE CORP / ADUS FAQ
Can you provide the ChartMill technical rating for ADDUS HOMECARE CORP?
ChartMill assigns a technical rating of 1 / 10 to ADUS.
What is the current trend direction of ADDUS HOMECARE CORP (ADUS) stock?
The current trend direction for ADDUS HOMECARE CORP (ADUS) is Bearish.
What is the RSI signal for ADDUS HOMECARE CORP (ADUS) stock?
ADDUS HOMECARE CORP (ADUS) has an RSI value of 40.2437. This indicates that the stock is currently neutral.
What is the support and resistance level for ADUS stock?
ADDUS HOMECARE CORP (ADUS) has a resistance level at 108.97. Check the full technical report for our detailed analysis of ADUS support and resistance levels.