ADAPTIVE BIOTECHNOLOGIES (ADPT) Stock Technical Analysis
NASDAQ:ADPT - Nasdaq - US00650F1093 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to ADPT. ADPT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Looking at the yearly performance, ADPT did better than 98% of all other stocks. We also observe that the gains produced by ADPT over the past year are nicely spread over this period.
ADPT is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 94% of 55 stocks in the same industry.
ADPT is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ADPT slightly outperforms the market at the moment.
ADPT has an average volume of 2136020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month ADPT has a been trading in the 6.67 - 8.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ADPT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
6.36
8.76
5 important support areas can be observed.
- A support zone ranging from 7.53 to 7.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.27 from a horizontal line in the weekly time frame.
- Support @6.93 from a trend line in the daily time frame.
- Support @6.82 from a horizontal line in the daily time frame.
- Support @6.42 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @8.12 from a trend line in the daily time frame.
- A resistance zone ranging from 8.39 to 8.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.67 from a horizontal 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
CRS98.55
Mansfield4.6
10 Day High8.3
10 Day Low6.77
20 Day High8.61
20 Day Low6.68
52 Week High9.01
52 Week Low2.56
Performance
1 Week7.78%
2 Weeks2.33%
1 Month-3.89%
3 Month-1.13%
6 Month77.53%
12 Month203.85%
2 Year10.64%
3 Year-4.24%
5 Year-75.32%
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)53.39
LBB6.86
UBB8.4
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 |
|---|---|---|---|
| 8.13 | 7.52 | 0.61 (7.50%) | 13.33% |
| An entry @8.13. This is a Buy Stop order right above the resistance zone. | An exit @7.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.61 points, which is 7.50%. | For a 1.00% total portfolio risk, you can invest 13.33% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ADPT. 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.
7.9
+0.01 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.13%
1 Week7.78%
2 Weeks2.33%
1 Month-3.89%
3 Month-1.13%
6 Month77.53%
12 Month203.85%
2 Year10.64%
3 Year-4.24%
5 Year-75.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%9.08%
ATR Inc-31.37%
Range Today0.28
ADR(20)0.69
ADR(20)%8.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.55
Mansfield4.6
10 Day High8.3
10 Day Low6.77
20 Day High8.61
20 Day Low6.68
52 Week High9.01
52 Week Low2.56
CS1 End7.61
CR1 Start8.12
Volume & EV
DER(3)1.82%
DER(5)0.7%
Volume868.10K
Volume Incr-15.69%
Vol(5)2.01M
Vol(50)2.14M