ADAGIO MEDICAL HOLDINGS INC (ADGM) Stock Technical Analysis
NASDAQ:ADGM - Nasdaq - US00534B1008 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ADGM. In the past year, ADGM 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.
100% of all other stocks performed better in the past year than ADGM.
ADGM is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, of which 95% are performing better than ADGM.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ADGM has a been trading in the 0.89 - 1.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ADGM 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
1.39
2.61
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.49 to 1.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.59 from a trend line in the daily time frame.
- Resistance @2.58 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.67
10 Day Low1
20 Day High1.67
20 Day Low0.89
52 Week HighN/A
52 Week LowN/A
Performance
1 Week12.9%
2 Weeks29.63%
1 Month51.98%
3 Month-43.32%
6 Month-73.08%
12 MonthN/A
2 YearN/A
3 YearN/A
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)0.06
RSI(14)58.28
LBB0.96
UBB1.48
1.4
-0.09 (-6.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-6.04%
1 Week12.9%
2 Weeks29.63%
1 Month51.98%
3 Month-43.32%
6 Month-73.08%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%10.47%
ATR Inc80.51%
Range Today0.15
ADR(20)0.14
ADR(20)%9.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.67
10 Day Low1
20 Day High1.67
20 Day Low0.89
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start1.49
Volume & EV
DER(3)-6.17%
DER(5)-7.29%
Volume141.60K
Volume Incr26.27%
Vol(5)256.96K
Vol(50)583.90K