AUDDIA INC (AUUD) Stock Technical Analysis
NASDAQ:AUUD • US05072K3059
We assign a technical rating of 0 out of 10 to AUUD. AUUD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than AUUD.
- AUUD is part of the Software industry. There are 277 other stocks in this industry, of which 85% are performing better than AUUD.
- AUUD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month AUUD has a been trading in the 0.66 - 1.22 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.
- Considerably lower volume is observed in the last couple of days.
The technical rating of AUUD is bad and it also does not present a 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
0.66
We can see 3 important resistance areas.
- Resistance @0.89 from a trend line in the daily time frame.
- A resistance zone ranging from 0.92 to 0.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.17 to 1.17. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for AUUD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AUUD is down. |
| ChartMill Relative Strength | 2.66 | NEGATIVE | AUUD has a low relative strength, it was outperformed by 97.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AUUD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AUUD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AUUD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.04 | OVERSOLD | The low RSI value suggests AUUD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AUUD has a negative trend. |
| Stochastics (14,3) | 6.63 | OVERSOLD | The low Stochastics value suggests AUUD may be oversold. |
| Average True Range in percent/ATR (20) | 14.57 | HIGH VOLATILITY | The high ATR as a percentage value for AUUD suggests high volalility. |
| Average Directional Index/ADX (14) | 21.59 | NEUTRAL | The ADX value for AUUD suggests a possible start of a new trend. |
0.6717
-0.06 (-8.79%)
AUDDIA INC / AUUD FAQ
What is the technical rating for AUUD stock?
ChartMill assigns a technical rating of 0 / 10 to AUUD.
What is the current trend direction of AUDDIA INC (AUUD) stock?
The current trend direction for AUDDIA INC (AUUD) is Bearish.
What is the RSI signal for AUDDIA INC (AUUD) stock?
AUDDIA INC (AUUD) has an RSI value of 29.0354. This indicates that the stock is currently oversold.
What is the MACD signal for AUUD stock?
The MACD indicator for AUDDIA INC (AUUD) has a value of -0.0230262, indicating a bearish trend.
What is the short term momentum for AUUD stock?
The short term momentum for AUDDIA INC (AUUD) is negative.