Technical Analysis for ADEN - ADENTRA Inc

Grade Last Price % Change Price Change
D 38.220 -0.60% -0.230
ADEN closed down 0.6 percent on Thursday, May 16, 2024, on 69 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -0.60%
Lower Bollinger Band Touch Weakness -0.60%
Oversold Stochastic Weakness -0.60%
New Downtrend Bearish 0.84%
Pocket Pivot Bullish Swing Setup 0.84%
NR7 Range Contraction 0.84%
Narrow Range Bar Range Contraction 0.84%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 15 hours ago
Lower Bollinger Band Support about 18 hours ago
Fell Below Previous Day's Low about 18 hours ago
Gap Down Partially Closed about 19 hours ago
Gapped Down (Partial) about 19 hours ago

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Profile

ADENTRA Inc Description

ADENTRA Inc. engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets. It offers a range of decorative surfaces, including architectural grade plywood and veneers, hardwood lumber, laminates, acrylics, and composites for use in commercial and residential applications; specialty plywood and composite panel products for residential and commercial cabinet, countertop, store fixture, and RV and furniture industries; and other products comprising moldings, cabinet hardware, doors, millwork, adhesives, solid surface products, and decorative laminates. The company also manufactures, imports, and distributes hardwood lumber, millwork, and architectural sheet goods. It serves small-to-mid-sized industrial manufacturers of cabinets, moldings, custom finishing, home furniture, home renovations, finishing millwork for office buildings, restaurant and bar interiors, hotel lobbies, retail point-of-purchase displays, schools, hospitals, custom motor coaches, yacht interiors, and other specialty areas. As of March 11, 2022, the company operated 86 distribution facilities in North America. The company was formerly known as Hardwoods Distribution Inc. and changed its name to ADENTRA Inc. in December 2022. ADENTRA Inc. was incorporated in 2012 and is headquartered in Langley, Canada.


Classification

Sector: Industrials
Industry: Industrial Distribution
Keywords: Materials Building Materials Woodworking Composite Materials Visual Arts Cabinetry Carpentry Countertop Lamination Millwork Plywood

Is ADEN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 43.91
52 Week Low 24.5585
Average Volume 62,974
200-Day Moving Average 33.069
50-Day Moving Average 40.212
20-Day Moving Average 41.326
10-Day Moving Average 39.998
Average True Range 1.113
RSI (14) 36.31
ADX 25.14
+DI 19.347
-DI 31.613
Chandelier Exit (Long, 3 ATRs) 40.571
Chandelier Exit (Short, 3 ATRs) 40.829
Upper Bollinger Bands 45.195
Lower Bollinger Band 37.457
Percent B (%b) 0.1
BandWidth 18.725
MACD Line -0.633
MACD Signal Line -0.009
MACD Histogram -0.6242
Fundamentals Value
Market Cap 807.77 Million
Num Shares 21.1 Million
EPS 1.73
Price-to-Earnings (P/E) Ratio 22.12
Price-to-Sales 0.43
Price-to-Book 1.69
Dividend 0.35
Dividend Yield 0.92%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 39.120
Resistance 3 (R3) 39.043 38.667 38.970
Resistance 2 (R2) 38.667 38.437 38.705 38.920
Resistance 1 (R1) 38.443 38.296 38.555 38.520 38.870
Pivot Point 38.067 38.067 38.123 38.105 38.067
Support 1 (S1) 37.843 37.837 37.955 37.920 37.570
Support 2 (S2) 37.467 37.696 37.505 37.520
Support 3 (S3) 37.243 37.467 37.470
Support 4 (S4) 37.320