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REPORTING FOR 2019-12-04 | BUNDESPREMIERLEAGUE.COM: We have conducted a deep analysis of how Adidas Ag (OTCMKTS:ADDDF) has been trading over the last 2 weeks and the past day especially. On its latest session, Adidas Ag (OTCMKTS:ADDDF) opened at 306.5, reaching a high of 309.0 and a low of 302.56 before closing at a price of 305.78. There was a total volume of 264.0.
VOLUME INDICATORS: We saw an accumulation-distribution index of 1269.59856, an on-balance volume of 315.0, chaikin money flow of 4.152 and a force index of 38.1888. There was an ease of movement rating of 0.03529, a volume-price trend of 0.38369 and a negative volume index of 1000.0.
VOLATILITY: We noted an average true range of 3.74447, bolinger bands of 326.37282, an upper bollinger band of 291.18718, lower bollinger band of 302.56, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 306.02, high band keltner channel of 303.52, low band keltner channel of 308.52, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 302.56, a donchian channel low band of 302.56, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.2791, a MACD signal of 0.15506, a MACD difference of 0.12405, a fast Exponential Moving Average (EMA) indicator of 302.56, a slow Exponential Moving Average (EMA) indicator of 302.56, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.07711, a trix of 0.2374, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.20356, a KST Oscillator (KST) of 0.67326 and a KST Oscillator (KST Signal) of 0.67326 (leaving a KST difference of 10.28587). We also found an Ichimoku rating of 307.75, an Ichimoku B rating of 307.75, a Ichimoku visual trend A of 305.5099, an Ichimoku visual trend B of 306.6293, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 4.91275, a stochastic oscillator of 257.6, a stochastic oscillator signal of 257.6, a Williams %R rating of 157.6 and an awesome oscillator of 0.0415.
RETURNS: There was a daily return of 0.06733, a daily log return of 4.0293 and a cumulative return of 4.11158.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-04 (if you are reading this later, the analysis will be out of date), our analysis of technical indicators for Adidas Ag (OTCMKTS:ADDDF) is telling us that this is very slightly bullish. Please comment if you disagree with this conclusion or if you find any errors in the analysis above.
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DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Adidas Ag (OTCMKTS:ADDDF) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.
I am the driving force behind BPL and a professional daytrader. I will be providing technical analysis of various stocks on BPL.