ADAMS RESOURCES & ENERGY INC (AE) Technical Analysis
NYSEARCA:AE • US0063513081
Current stock price
AE Technical Rating and Analysis
Taking everything into account, AE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AE is showing a nice and steady performance.
- Warning: AE has an average volume of 16229 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AE is one of the better performing stocks in the market, outperforming 92% of all stocks.
- AE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 85% of 209 stocks in the same industry.
- AE 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.
- In the last month AE has a been trading in a tight range between 37.10 and 38.00.
- Volume is considerably higher in the last couple of days.
AE Weekly and Daily overview Charts
AE Setup Rating and Analysis
Besides having an excellent technical rating, AE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 37.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.89, a Stop Loss order could be placed below this zone.
More info and screens
AE Support and Resistance Analysis
23.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.18 to 37.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.43 from a trend line in the daily time frame.
- Support @23.40 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.99 to 37.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
AE 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 AE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AE is up. |
| ChartMill Relative Strength | 92.3 | POSITIVE | AE has a high relative strength, it outperformed 92.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.53 | OVERBOUGHT | The high RSI value suggests AE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AE has a negative trend. |
| Stochastics (14,3) | 95.9 | OVERBOUGHT | The high Stochastics value suggests AE may be overbought. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for AE suggests low volalility. |
| Average Directional Index/ADX (14) | 64.29 | POSITIVE | The high ADX value value for AE suggests a strong trend. |
AE Chart- and CandleStick Pattern Analysis
AE Example Setup
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 |
|---|---|---|---|
| 38.00 | 37.44 | 0.56 (1.47%) | 25.00% |
| An entry @38.00. This is a Buy Stop order right above the resistance zone. | An exit @37.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.56 points, which is 1.47%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.37%. |
- 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.
AE Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:AE (2/4/2025, 8:25:15 PM)
37.98
0 (0%)
ADAMS RESOURCES & ENERGY INC / AE TA FAQ
Can you provide the ChartMill technical rating for ADAMS RESOURCES & ENERGY INC?
ChartMill assigns a technical rating of 10 / 10 to AE.
What is the trend direction for AE stock?
The current trend direction for ADAMS RESOURCES & ENERGY INC (AE) is Bullish.
Can you provide the RSI signal for ADAMS RESOURCES & ENERGY INC?
ADAMS RESOURCES & ENERGY INC (AE) has an RSI value of 70.5287. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ADAMS RESOURCES & ENERGY INC?
The MACD indicator for ADAMS RESOURCES & ENERGY INC (AE) has a value of -0.0299466, indicating a bearish trend.
What is the buy/sell signal for ADAMS RESOURCES & ENERGY INC (AE) stock?
The buy/sell signal for ADAMS RESOURCES & ENERGY INC (AE) is buy as both the short term and long term trends are positive.