ADLAI NORTYE LTD-ADR (ANL) Technical Analysis
NASDAQ:ANL • US00704R1095
Current stock price
ANL Technical Rating and Analysis
Taking everything into account, ANL scores 6 out of 10 in our technical rating. In the last year, ANL was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month ANL has a been trading in the 6.73 - 10.15 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ANL is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 517 stocks in the same industry.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When comparing the yearly performance of all stocks, we notice that ANL is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- ANL 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 ANL is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
ANL Weekly and Daily overview Charts
ANL Setup Rating and Analysis
ANL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ANL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ANL Support and Resistance Analysis
7.28
When analyzing the support we notice one important area.
- A support zone ranging from 7.35 to 7.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @7.86 from a trend line in the daily time frame.
- Resistance @9.55 from a trend line in the daily time frame.
- Resistance @10.39 from a trend line in the weekly time frame.
ANL 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 ANL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANL is down. |
| ChartMill Relative Strength | 99.45 | POSITIVE | ANL has a high relative strength, it outperformed 99.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.76 | NEUTRAL | The RSI value for ANL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests ANL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.37 | OVERSOLD | The low Stochastics value suggests ANL may be oversold. |
| Average True Range in percent/ATR (20) | 13.09 | HIGH VOLATILITY | The high ATR as a percentage value for ANL suggests high volalility. |
| Average Directional Index/ADX (14) | 26.84 | POSITIVE | The high ADX value value for ANL suggests a strong trend. |
ANL Chart- and CandleStick Pattern Analysis
ANL 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 |
|---|---|---|---|
| 7.87 | 7.34 | 0.53 (6.73%) | 14.85% |
| An entry @7.87. This is a Buy Stop order right above the resistance zone. | An exit @7.34. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.53 points, which is 6.73%. | When investing 14.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ANL. Please evaluate whether better entry and exit points can be found.
- 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.
ANL Technicals: Chart, Performance Metrics, Trend & Indicators
7.4
+0.04 (+0.54%)
ADLAI NORTYE LTD-ADR / ANL TA FAQ
What is the ChartMill technical rating of ADLAI NORTYE LTD-ADR (ANL) stock?
ChartMill assigns a technical rating of 6 / 10 to ANL.
What is the trend direction for ANL stock?
The current trend direction for ADLAI NORTYE LTD-ADR (ANL) is Bullish.
What is the RSI signal for ADLAI NORTYE LTD-ADR (ANL) stock?
ADLAI NORTYE LTD-ADR (ANL) has an RSI value of 41.7558. This indicates that the stock is currently neutral.
What is the MACD signal for ADLAI NORTYE LTD-ADR (ANL) stock?
The MACD indicator for ADLAI NORTYE LTD-ADR (ANL) has a value of -0.307825, indicating a bearish trend.
What is the buy/sell signal for ANL stock?
The buy/sell signal for ADLAI NORTYE LTD-ADR (ANL) is hold as the short term and long term trends are mixed.