ADAMS DIVERSIFIED EQUITY (ADX) Stock Technical Analysis
USA - NYSE:ADX - US0062121043
22.5 USD
-0.01 (-0.04%)
22.5 USD
0 (0%)
Taking everything into account, ADX scores 7 out of 10 in our technical rating. 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 and short term trends are both positive. This is looking good!
ADX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, ADX outperforms 52% 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 21.91 and 22.80.
Besides having an excellent technical rating, ADX also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 22.45, a Stop Loss order could be placed below this zone.
More info and screens
20.02
22.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.94 to 22.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.15 to 21.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.22 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.50 to 22.67. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for ADX is up. |
| ChartMill Relative Strength | 52.15 | 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) | 55.33 | NEUTRAL | The RSI value for ADX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ADX has a negative trend. |
| Stochastics (14,3) | 63.37 | NEUTRAL | The Stochastics value for ADX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for ADX suggests low volalility. |
| Average Directional Index/ADX (14) | 13.44 | 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 |
|---|---|---|---|
| 22.68 | 22.09 | 0.59 (2.60%) | 25.00% |
| An entry @22.68. This is a Buy Stop order right above the resistance zone. | An exit @22.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.59 points, which is 2.60%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- 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.
22.5
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.04%
1 Week1.72%
2 Weeks-0.04%
1 Month0.49%
3 Month2.32%
6 Month23.76%
12 Month2.65%
2 Year39.06%
3 Year43.77%
5 Year44.6%
10 Year64.11%
15 Year118.45%
Volatility
ATR(14)0.3
ATR(20)%1.26%
ATR Inc22.73%
Range Today0.31
ADR(20)0.27
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.15
Mansfield-0.19
10 Day High22.8
10 Day Low22.1
20 Day High22.8
20 Day Low21.91
52 Week High22.8
52 Week Low16.5
CS1 End22.45
CR1 Start22.5
Volume & EV
DER(3)-5.09%
DER(5)-3.33%
Volume293.80K
Volume Incr11.75%
Vol(5)255.18K
Vol(50)228.84K