ANDREW PELLER LTD -B (ADW-B.CA) Stock Technical Analysis
TSX:ADW-B - Toronto Stock Exchange - CA03444Q2099 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to ADW-B. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ADW-B is only an average performer.
ADW-B has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADW-B in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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5.26
We found 3 important support areas.
- A support zone ranging from 5.77 to 5.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.64 to 5.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.31 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @6.01 from a horizontal line in the daily time frame.
- Resistance @6.37 from a trend line in the weekly time frame.
- Resistance @6.51 from a horizontal 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 | UP | POSITIVE | The long term trend for ADW-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADW-B.CA is up. |
| ChartMill Relative Strength | 58.9 | NEUTRAL | ADW-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADW-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADW-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADW-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.87 | NEUTRAL | The RSI value for ADW-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ADW-B.CA has a positive trend. |
| Stochastics (14,3) | 98.1 | OVERBOUGHT | The high Stochastics value suggests ADW-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ADW-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.77 | NEUTRAL | The ADX value for ADW-B.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 6.02 | 5.76 | 0.26 (4.32%) | 23.15% |
| An entry @6.02. This is a Buy Stop order right above the resistance zone. | An exit @5.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.26 points, which is 4.32%. | When investing 23.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX:ADW-B (6/13/2025, 7:00:00 PM)
6
+0.01 (+0.17%)