ADAMS DIVERSIFIED EQUITY (ADX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ADX - US0062121043
We assign a technical rating of 7 out of 10 to ADX. Both in the recent history as in the last year, ADX has proven to be a steady performer, scoring decent points in every aspect analyzed.
ADX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.05, a Stop Loss order could be placed below this zone.
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21.72
2 important support areas can be observed.
- A support zone ranging from 22.40 to 23.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.94 to 22.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @23.69 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 | UP | POSITIVE | The long term trend for ADX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADX is neutral. |
| ChartMill Relative Strength | 72.45 | POSITIVE | ADX has a high relative strength, it outperformed 72.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.33 | NEUTRAL | The RSI value for ADX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ADX has a positive trend. |
| Stochastics (14,3) | 51.78 | NEUTRAL | The Stochastics value for ADX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for ADX suggests low volalility. |
| Average Directional Index/ADX (14) | 11.28 | NEGATIVE | The low ADX value for ADX 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 |
|---|---|---|---|
| 23.70 | 22.34 | 1.36 (5.74%) | 17.43% |
| An entry @23.70. This is a Buy Stop order right above the resistance zone. | An exit @22.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.36 points, which is 5.74%. | When investing 17.43% 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.
23.25
+0.18 (+0.78%)
ADAMS DIVERSIFIED EQUITY / ADX FAQ
What is the ChartMill technical rating of ADAMS DIVERSIFIED EQUITY (ADX) stock?
ChartMill assigns a technical rating of 7 / 10 to ADX.
What is the trend direction for ADX stock?
The current trend direction for ADAMS DIVERSIFIED EQUITY (ADX) is Bullish.
What is the RSI signal for ADX stock?
ADAMS DIVERSIFIED EQUITY (ADX) has an RSI value of 56.3303. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ADAMS DIVERSIFIED EQUITY?
The MACD indicator for ADAMS DIVERSIFIED EQUITY (ADX) has a value of 0.00446461, indicating a bearish trend.