BLDRS Emerging Markets $ADRE is Strong on a Near Term Basis, Shown in Charts and Graphs

BLDRS Emerging Markets (NASDAQ: ADRE) is Strong on a Near Term Basis, as Shown in the Charts and Graphs below.  Important: check the date of this report and update is as needed.  The data changes over time.

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Technical Summary

Term →Near Mid Long
Bias Strong Neutral Neutral
P1 43.19 41.51 41.81
P2 43.60 43.21 44.87
P3 44.23 44.80 48.06

Long Term Trading Plans for ADRE

June 6, 2018, 4:53 pm ET

The technical Summary and associated Trading Plans for ADRE listed below will help you make important timing decisions for your trades. This data is based on our proprietary analysis for ADRE. In addition we offer Market Timing Models and Stock Filters in the links above which may increase the proficiency of the decisions you make.

ADRE - (Long) Support Plan

Buy over 41.81 target 44.87 stop loss @ 41.55.
The technical summary data tells us to buy ADRE near 41.81 with an upside target of 44.87. This data also tells us to set a stop loss @ 41.55 to protect against excessive loss in case the stock begins to move against the trade. 41.81 is the first level of support below 43.74 , and by rule, any test of support is a buy signal. In this case, support 41.81 would be being tested, so a buy signal would exist.

ADRE - (Short) Resistance Plan

Short under 44.87 target 41.81 stop loss @ 45.13.
The technical summary data is suggesting a short of ADRE as it gets near 44.87 with a downside target of 41.81. We should have a stop loss in place at 45.13 though. 44.87 is the first level of resistance above 43.74, and by rule, any test of resistance is a short signal. In this case, if resistance 44.87 is being tested, so a short signal would exist.

ADRE Long Term Analysis

ADRE PE chart

ADRE PEG chart