ADDEX THERAPEUTICS LTD (ADXN) Stock Technical Analysis
NASDAQ:ADXN - Nasdaq - US00654J2069 - ADR - Currency: USD
We assign a technical rating of 2 out of 10 to ADXN. ADXN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
84% of all other stocks performed better in the past year than ADXN.
ADXN 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.
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.
Warning: ADXN has an average volume of 8750 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ADXN is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, ADXN did better than 46% of them.
In the last month ADXN has a been trading in the 6.51 - 8.20 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, ADXN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 7.36, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADXN 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
7.10
8.87
We found 1 important support area.
- A support zone ranging from 7.17 to 7.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.72 to 7.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.06 from a horizontal line in the daily time frame.
- Resistance @8.51 from a horizontal line in the weekly time frame.
- Resistance @8.78 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
CRS16.46
Mansfield-0.6
10 Day High8.2
10 Day Low6.51
20 Day High8.2
20 Day Low6.51
52 Week High13.27
52 Week Low6.51
Performance
1 Week9.04%
2 Weeks2.29%
1 Month-0.78%
3 Month-10.27%
6 Month-30.97%
12 Month-52.79%
2 Year-46.46%
3 Year-92.66%
5 Year-94.91%
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)0.05
RSI(14)52.19
LBB6.56
UBB7.86
NASDAQ:ADXN (4/23/2025, 8:00:00 PM)
7.6
-0.04 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.46%
1 Week9.04%
2 Weeks2.29%
1 Month-0.78%
3 Month-10.27%
6 Month-30.97%
12 Month-52.79%
2 Year-46.46%
3 Year-92.66%
5 Year-94.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%7.9%
ATR Inc16.83%
Range Today0
ADR(20)0.47
ADR(20)%6.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.46
Mansfield-0.6
10 Day High8.2
10 Day Low6.51
20 Day High8.2
20 Day Low6.51
52 Week High13.27
52 Week Low6.51
CS1 End7.36
CR1 Start7.72
Volume & EV
DER(3)3.09%
DER(5)1.33%
Volume800
Volume Incr-75.68%
Vol(5)2.72K
Vol(50)8.75K