ADAMS DIVERSIFIED EQUITY (ADX) Stock Technical Analysis
NYSE:ADX - US0062121043
21.76 USD
+0.09 (+0.42%)
21.76 USD
0 (0%)
Overall ADX gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ADX is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ADX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ADX is lagging the market slightly.
When compared to the yearly performance of all other stocks, ADX outperforms 48% of them, which is more or less in line with the market.
In the last month ADX has a been trading in a tight range between 21.11 and 22.07.
Although the technical rating is only medium, ADX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.70, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
17.69
22.76
We found 4 important support areas.
- A support zone ranging from 21.15 to 21.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.71 to 20.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @20.37 from a horizontal line in the daily time frame.
- Support @17.87 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.94 to 22.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.44 to 22.53. 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 ADX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADX is neutral. |
| ChartMill Relative Strength | 48.07 | NEUTRAL | ADX is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of ADX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.1 | NEUTRAL | The RSI value for ADX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ADX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.68 | NEUTRAL | The Stochastics value for ADX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for ADX suggests low volalility. |
| Average Directional Index/ADX (14) | 16.3 | NEGATIVE | The low ADX value for ADX suggests a weak or negative 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 |
|---|---|---|---|
| 22.09 | 21.35 | 0.74 (3.33%) | 25.00% |
| An entry @22.09. This is a Buy Stop order right above the resistance zone. | An exit @21.35. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.74 points, which is 3.33%. | For a 0.83% total portfolio risk, you can invest 25.00% 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.
21.76
+0.09 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.42%
1 Week0.97%
2 Weeks-1.27%
1 Month0.88%
3 Month6.46%
6 Month8.26%
12 Month1.78%
2 Year23.43%
3 Year35.41%
5 Year29.06%
10 Year65.48%
15 Year138.34%
Volatility
ATR(14)0.22
ATR(20)%1.09%
ATR Inc-27.7%
Range Today0.12
ADR(20)0.22
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.07
Mansfield-0.4
10 Day High22.07
10 Day Low21.37
20 Day High22.07
20 Day Low21.11
52 Week High22.63
52 Week Low16.5
CS1 End21.7
CR1 Start21.94
Volume & EV
DER(3)-0.28%
DER(5)-2.34%
Volume192.10K
Volume Incr14.85%
Vol(5)256.74K
Vol(50)272.04K