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 5 out of 10 to ADW-B. ADW-B has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
ADW-B has only a medium technical rating, but it does show 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 5.64, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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5.11
When analyzing the support we can see 3 important areas.
- 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 @5.27 from a trend line in the weekly time frame.
- Support @5.16 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.01 to 6.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.39 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 | DOWN | NEGATIVE | The short term trend for ADW-B.CA is down. |
| ChartMill Relative Strength | 67.03 | NEUTRAL | ADW-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADW-B.CA is below a declining 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) | DOWN | MIXED | The current price of ADW-B.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.64 | NEUTRAL | The RSI value for ADW-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ADW-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20 | NEUTRAL | The Stochastics value for ADW-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for ADW-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.38 | POSITIVE | The high ADX value value for ADW-B.CA suggests a strong trend. |
TSX:ADW-B (5/16/2025, 7:00:00 PM)
5.76
+0.01 (+0.17%)