ADAMS DIVERSIFIED EQUITY (ADX) Technical Analysis
NYSE:ADX • US0062121043
Current stock price
ADX Technical Rating and Analysis
Overall ADX gets a technical rating of 8 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by ADX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ADX has a been trading in the 20.91 - 24.50 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, ADX turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
ADX Weekly and Daily overview Charts
ADX Setup Rating and Analysis
Although ADX has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ADX Support and Resistance Analysis
20.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.94 to 23.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.20 from a horizontal line in the daily time frame.
- A support zone ranging from 21.04 to 21.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
ADX Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for ADX is up. |
| ChartMill Relative Strength | 69.23 | 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) | UP | POSITIVE | The current price of ADX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.27 | OVERBOUGHT | The high RSI value suggests ADX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ADX has a positive trend. |
| Stochastics (14,3) | 96.55 | OVERBOUGHT | The high Stochastics value suggests ADX may be overbought. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for ADX suggests low volalility. |
| Average Directional Index/ADX (14) | 27.74 | POSITIVE | The high ADX value value for ADX suggests a strong trend. |
ADX Chart- and CandleStick Pattern Analysis
ADX Technicals: Chart, Performance Metrics, Trend & Indicators
24.49
+0.37 (+1.53%)
ADAMS DIVERSIFIED EQUITY / ADX TA FAQ
What is the ChartMill technical rating of ADAMS DIVERSIFIED EQUITY (ADX) stock?
ChartMill assigns a technical rating of 8 / 10 to ADX.
Can you provide the trend direction for ADAMS DIVERSIFIED EQUITY?
The current trend direction for ADAMS DIVERSIFIED EQUITY (ADX) is Bullish.
What is the RSI signal for ADAMS DIVERSIFIED EQUITY (ADX) stock?
ADAMS DIVERSIFIED EQUITY (ADX) has an RSI value of 73.2736. This indicates that the stock is currently overbought.
What is the short term momentum for ADX stock?
The short term momentum for ADAMS DIVERSIFIED EQUITY (ADX) is positive.
Can you provide the buy/sell signal for ADAMS DIVERSIFIED EQUITY?
The buy/sell signal for ADAMS DIVERSIFIED EQUITY (ADX) is buy as both the short term and long term trends are positive.