ADURO CLEAN TECHNOLOGIES INC (ADUR) Stock Technical Analysis
NASDAQ:ADUR - Nasdaq - CA0074082060 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to ADUR. In the last year, ADUR was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, ADUR is a bad performer in the overall market: 100% of all stocks are doing better.
ADUR is one of the lesser performing stocks in the Software industry. 91% of 284 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month ADUR has a been trading in the 5.30 - 6.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ADUR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADUR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.25
6.42
2 important support areas can be observed.
- Support @5.45 from a horizontal line in the daily time frame.
- A support zone ranging from 5.30 to 5.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @5.91 from a trend line in the daily time frame.
- A resistance zone ranging from 6.36 to 6.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 High6.05
10 Day Low5.3
20 Day High6.14
20 Day Low5.3
52 Week HighN/A
52 Week LowN/A
Performance
1 Week4.08%
2 Weeks-4.59%
1 Month-4.75%
3 Month2%
6 MonthN/A
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)-0.02
RSI(14)46.59
LBB5.34
UBB6.14
5.61
-0.11 (-1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.92%
1 Week4.08%
2 Weeks-4.59%
1 Month-4.75%
3 Month2%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%5.36%
ATR Inc-10.22%
Range Today0.29
ADR(20)0.3
ADR(20)%5.3%
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 High6.05
10 Day Low5.3
20 Day High6.14
20 Day Low5.3
52 Week HighN/A
52 Week LowN/A
CS1 End5.45
CR1 Start5.91
Volume & EV
DER(3)8.9%
DER(5)8.55%
Volume45.70K
Volume Incr30.68%
Vol(5)66.90K
Vol(50)68.84K