ADVANTAGE SOLUTIONS INC (ADV) Stock Technical Analysis
NASDAQ:ADV - US00791N1028 - Common Stock
1.84 USD
+0.05 (+2.79%)
1.84 USD
0 (0%)
We assign a technical rating of 6 out of 10 to ADV. ADV has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
62% of all other stocks performed better in the past year than ADV.
ADV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ADV is an average performer in the Media industry, it outperforms 57% of 100 stocks in the same industry.
In the last month ADV has a been trading in the 1.28 - 2.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, ADV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for ADV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.30
2.37
We found 4 important support areas.
- Support @1.76 from a trend line in the daily time frame.
- A support zone ranging from 1.65 to 1.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.37 to 1.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.31 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @1.86 from a trend line in the daily time frame.
- A resistance zone ranging from 1.89 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.35 from a trend line in the weekly 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 ADV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADV is up. |
| ChartMill Relative Strength | 38.56 | NEUTRAL | ADV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58 | NEUTRAL | The RSI value for ADV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ADV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.49 | NEUTRAL | The Stochastics value for ADV is a neutral value. |
| Average True Range in percent/ATR (20) | 8.67 | HIGH VOLATILITY | The high ATR as a percentage value for ADV suggests high volalility. |
| Average Directional Index/ADX (14) | 21.91 | NEUTRAL | The ADX value for ADV suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 1.87 | 1.75 | 0.12 (6.42%) | 15.58% |
| An entry @1.87. This is a Buy Stop order right above the resistance zone. | An exit @1.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.12 points, which is 6.42%. | For a 1.00% total portfolio risk, you can invest 15.58% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ADV. Please evaluate whether better entry and exit points can be found.
- 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.
1.84
+0.05 (+2.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg2.79%
1 Week10.18%
2 Weeks-1.08%
1 Month34.31%
3 Month54.62%
6 Month-26.69%
12 Month-52.45%
2 Year-34.29%
3 Year-49.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%8.67%
ATR Inc-52.45%
Range Today0.08
ADR(20)0.16
ADR(20)%8.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.56
Mansfield-2.76
10 Day High1.95
10 Day Low1.62
20 Day High2.15
20 Day Low1.28
52 Week High4.1
52 Week Low1.04
CS1 End1.76
CR1 Start1.86
Volume & EV
DER(3)13.07%
DER(5)9.97%
Volume312.49K
Volume Incr-10.62%
Vol(5)854.04K
Vol(50)866.06K