ADAMS DIVERSIFIED EQUITY (ADX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ADX - US0062121043
Taking everything into account, ADX scores 8 out of 10 in our technical rating. In the last year, ADX was one of the better performers, but we do observe some doubts in the very recent evolution.
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
20.94
We found 2 important support areas.
- Support @21.94 from a horizontal line in the daily time frame.
- A support zone ranging from 21.15 to 21.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 22.95 to 23.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 76.57 | POSITIVE | ADX has a high relative strength, it outperformed 76.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADX is below a declining 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) | 45.73 | NEUTRAL | The RSI value for ADX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ADX has a negative trend. |
| Stochastics (14,3) | 46.16 | NEUTRAL | The Stochastics value for ADX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for ADX suggests low volalility. |
| Average Directional Index/ADX (14) | 12.33 | NEGATIVE | The low ADX value for ADX suggests a weak or negative trend. |
22.79
-0.46 (-1.98%)
ADAMS DIVERSIFIED EQUITY / ADX FAQ
What is the ChartMill technical rating of ADAMS DIVERSIFIED EQUITY (ADX) stock?
ChartMill assigns a technical rating of 8 / 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 45.7331. 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 -0.0581272, indicating a bearish trend.