AUDAX RENOVABLES SA (ADX.MC) Stock Technical Analysis
BME:ADX - Bolsa De Madrid - ES0136463017 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to ADX. Recently some decent action could be observed, but in the medium term time frame this is still negative. ADX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ADX is a bad performer in the overall market: 64% of all stocks are doing better.
ADX 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.
Warning: ADX has an average volume of 25872 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ADX has a been trading in the 1.33 - 1.52 range, which is quite wide. It is currently trading near the high of this range.
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.
Considerably lower volume is observed in the last couple of days.
ADX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.40
1.66
When analyzing the support we notice one important area.
- A support zone ranging from 1.41 to 1.43. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @1.53 from a horizontal line in the weekly time frame.
- Resistance @1.57 from a trend line in the daily time frame.
- A resistance zone ranging from 1.62 to 1.64. This zone is formed by a combination of multiple trend lines 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
CRS36.83
Mansfield-0.86
10 Day High1.52
10 Day Low1.41
20 Day High1.52
20 Day Low1.33
52 Week High2
52 Week Low1.33
Performance
1 Week3.05%
2 Weeks9.99%
1 Month-0.26%
3 Month-0.07%
6 Month-12.44%
12 Month-13.39%
2 Year40.74%
3 Year26.46%
5 Year-2.56%
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)57.76
LBB1.37
UBB1.54
BME:ADX (4/29/2025, 5:29:50 PM)
1.512
-0.01 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.53%
1 Week3.05%
2 Weeks9.99%
1 Month-0.26%
3 Month-0.07%
6 Month-12.44%
12 Month-13.39%
2 Year40.74%
3 Year26.46%
5 Year-2.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%2.69%
ATR Inc-55.1%
Range Today0.02
ADR(20)0.03
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.83
Mansfield-0.86
10 Day High1.52
10 Day Low1.41
20 Day High1.52
20 Day Low1.33
52 Week High2
52 Week Low1.33
CS1 End1.43
CR1 Start1.53
Volume & EV
DER(3)4.64%
DER(5)2.7%
Volume3.62K
Volume Incr-48.65%
Vol(5)10.63K
Vol(50)25.87K