ADDEX THERAPEUTICS LTD (ADXN) Stock Technical Analysis
NASDAQ:ADXN - Nasdaq - US00654J2069 - ADR - Currency: USD
Taking everything into account, ADXN scores 7 out of 10 in our technical rating. Although ADXN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month ADXN has a been trading in the 7.57 - 11.31 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ADXN has an average volume of 6194 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
ADXN is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 74% of 195 stocks in the same industry.
When comparing the performance of all stocks over the past year, ADXN turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
ADXN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ADXN is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although ADXN 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
7.21
10.27
We found 4 important support areas.
- A support zone ranging from 8.34 to 8.35. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 7.92 to 7.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.50 to 7.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.28 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.40 to 8.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.17 from a trend 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 ADXN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADXN is neutral. |
| ChartMill Relative Strength | 69.84 | NEUTRAL | ADXN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ADXN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADXN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ADXN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.37 | NEUTRAL | The RSI value for ADXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ADXN has a negative trend. |
| Stochastics (14,3) | 19.36 | OVERSOLD | The low Stochastics value suggests ADXN may be oversold. |
| Average True Range in percent/ATR (20) | 6.91 | HIGH VOLATILITY | The high ATR as a percentage value for ADXN suggests high volalility. |
| Average Directional Index/ADX (14) | 14.32 | NEGATIVE | The low ADX value for ADXN 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)
NASDAQ:ADXN (6/17/2025, 8:00:00 PM)
8.39
+0.01 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.08%
1 Week-16.56%
2 Weeks3.71%
1 Month6.2%
3 Month10.39%
6 Month6.2%
12 Month5.2%
2 Year-19.48%
3 Year-63.52%
5 Year-95.19%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%6.91%
ATR Inc-44.58%
Range Today0.5
ADR(20)0.37
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.84
Mansfield-0.52
10 Day High11.31
10 Day Low8.08
20 Day High11.31
20 Day Low7.57
52 Week High13.27
52 Week Low6.51
CS1 End8.35
CR1 Start8.4
Volume & EV
DER(3)-16.67%
DER(5)-9.09%
Volume1.20K
Volume Incr-17.87%
Vol(5)3.86K
Vol(50)6.19K