ADDUS HOMECARE CORP (ADUS) Stock Technical Analysis
USA - NASDAQ:ADUS - US0067391062 - Common Stock
Overall ADUS gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ADUS is only an average performer.
ADUS has an excellent technical rating, but the quality of the setup is 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.
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103.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 114.96 to 116.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 110.91 to 112.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @107.03 from a horizontal line in the daily time frame.
- A support zone ranging from 104.96 to 104.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 133.88 to 135.93. 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 ADUS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADUS is up. |
| ChartMill Relative Strength | 51.4 | NEUTRAL | ADUS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADUS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADUS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ADUS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.7 | NEUTRAL | The RSI value for ADUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests ADUS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.9 | OVERBOUGHT | The high Stochastics value suggests ADUS may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ADUS suggests some volalility. |
| Average Directional Index/ADX (14) | 12.53 | NEGATIVE | The low ADX value for ADUS suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 122.88 | 111.60 | 11.28 (9.18%) | 10.89% |
| An entry @122.88. This is a Buy Stop order right above the 10 day high. | An exit @111.60. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.28 points, which is 9.18%. | For a 1.00% total portfolio risk, you can invest 10.89% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
121.46
-0.17 (-0.14%)
ADDUS HOMECARE CORP / ADUS FAQ
Can you provide the ChartMill technical rating for ADDUS HOMECARE CORP?
ChartMill assigns a technical rating of 8 / 10 to ADUS.
Can you provide the trend direction for ADDUS HOMECARE CORP?
The current trend direction for ADDUS HOMECARE CORP (ADUS) is Bullish.
What is the RSI signal for ADDUS HOMECARE CORP (ADUS) stock?
ADDUS HOMECARE CORP (ADUS) has an RSI value of 64.7039. This indicates that the stock is currently neutral.
What is the MACD signal for ADUS stock?
The MACD indicator for ADDUS HOMECARE CORP (ADUS) has a value of 0.614159, indicating a bearish trend.
Can you provide the short term momentum for ADDUS HOMECARE CORP?
The short term momentum for ADDUS HOMECARE CORP (ADUS) is positive.