Stock Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
ADTRAN, Inc. (NASDAQ:ADTN)
Sidelines Mode (+55) - ADTN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ADTN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADTN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ADTN
The long-term trend has been DOWN since Oct 19th, 2021 at 17.530
The intermediate-term trend has been UP since Nov 1st, 2021 at 19.410
The short-term trend has been DOWN since Nov 22nd, 2021 at 21.365
Smart Scan Analysis for ADTN
Based on our trend formula, ADTN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||20.45||Year High Date||2018-01-16|
|Year Low||12.34||Year Low Date||2018-11-28|
|52wk High||24.76||52wk High Date||2021-08-27|
|52wk Low||12.47||52wk Low Date||2020-12-02|
|Year End Close||19.54||Average Volume||352,309|
|Shares Outstanding||48,680||Short Interest||10,761,597|
|% Institutional||95.1||Market Cap||551M|