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ADAGENE INC-ADR (ADAG) Stock Technical Analysis

NASDAQ:ADAG - Nasdaq - US0053291078 - ADR - Currency: USD

2.03  -0.07 (-3.33%)

Technical Rating and Analysis

4

Taking everything into account, ADAG scores 4 out of 10 in our technical rating. In the past year, ADAG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

77% of all other stocks performed better in the past year than ADAG.
ADAG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ADAG is part of the Biotechnology industry. There are 572 other stocks in this industry. ADAG outperforms 70% of them.
In the last month ADAG has a been trading in the 1.64 - 2.27 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ADAGENE INC-ADR / ADAG Weekly stock chart
ADAGENE INC-ADR / ADAG Daily stock chart
Setup Rating and Analysis

4

ADAG has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately.

Support and Resistance Analysis

1.73

3.17

2 important support areas can be observed.

  • A support zone ranging from 2.00 to 2.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.75 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @2.07 from a horizontal line in the weekly time frame.
  • Resistance @2.11 from a horizontal line in the daily time frame.
  • Resistance @3.14 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.05
Mansfield-1.98
10 Day High2.27
10 Day Low1.93
20 Day High2.27
20 Day Low1.64
52 Week High3.58
52 Week Low1.64
Performance
1 Week1%
2 Weeks-1.46%
1 Month14.08%
3 Month-1.46%
6 Month-22.22%
12 Month-28.01%
2 Year40%
3 Year-42%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)55.52
LBB1.92
UBB2.11
ADAGENE INC-ADR / ADAG Daily stock chart

ADAGENE INC-ADR

NASDAQ:ADAG (3/7/2025, 8:03:31 PM)

2.03

-0.07 (-3.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.33%
1 Week1%
2 Weeks-1.46%
1 Month14.08%
3 Month-1.46%
6 Month-22.22%
12 Month-28.01%
2 Year40%
3 Year-42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%5.91%
ATR Inc34.33%
Range Today0.16
ADR(20)0.12
ADR(20)%5.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.05
Mansfield-1.98
10 Day High2.27
10 Day Low1.93
20 Day High2.27
20 Day Low1.64
52 Week High3.58
52 Week Low1.64
CS1 End2.02
CR1 Start2.07
Volume & EV
DER(3)-16.51%
DER(5)-6.65%
Volume5.20K
Volume Incr-42.64%
Vol(5)15.18K
Vol(50)76.62K