Investing Report for Adtran ADTN

Source: Stock Traders Daily

Technical Summary

Term →Near Mid Long
Bias Strong Strong Strong
P1 0 0 16.90
P2 21.02 20.55 18.91
P3 21.71 21.35 21.03

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Adtran (NASDAQ: ADTN) while incorporating prudent risk controls. 

Warning: This is a static report, and the data was valid at the time of the publication, but support and resistance levels for ADTN change over time, and the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte. 

Instructions: The rules that govern the data in this report are the rules of Technical Analysis.  For example, if ADTN is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

This data is further refined to differentiate trading plans for Day Trading ADTN, Swing Trading ADTN, and Long Term Investing plans for ADTN too.

Longer Term Trading Plans for ADTN

June 10, 2021, 9:15 pm ET

Our Longer Term Plans for ADTN help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this ADTN Report.

ADTN - (Long) Support Plan

Buy over 18.91 target 21.03 stop loss @ 18.86

The technical summary data tells us to buy ADTN near 18.91 with an upside target of 21.03. This data also tells us to set a stop loss @ 18.86 to protect against excessive loss in case the stock begins to move against the trade. 18.91 is the first level of support below 20.93 , and by rule, any test of support is a buy signal. In this case, support 18.91 is being tested, a buy signal would exist.

ADTN - (Short) Resistance Plan

Short under 21.03, target 18.91, stop loss @ 21.09

The technical summary data is suggesting a short of ADTN as it gets near 21.03 with a downside target of 18.91. We should have a stop loss in place at 21.09though. 21.03 is the first level of resistance above 20.93, and by rule, any test of resistance is a short signal. In this case, if resistance 21.03 is being tested, a short signal would exist.


ADTN Long Term Analysis for June 10 2021

Graph of Evitar Corte vs S&P 500

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Swing Trading Plans for ADTN

June 10, 2021, 9:15 pm ET

Our Swing Trading Plans for ADTN help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Swing Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this ADTN Report.

ADTN - (Long) Support Plan

Buy over 21.03, target 21.35, Stop Loss @ 20.97

If 21.03 begins to break higher, the technical summary data tells us to buy ADTN just over 21.03, with an upside target of 21.35. The data also tells us to set a stop loss @ 20.97 in case the stock turns against the trade. 21.03 is the first level of resistance above 20.93, and by rule, any break above resistance is a buy signal. In this case, 21.03, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

ADTN - (Short) Resistance Plan

Short near 21.03, target 20.55, Stop Loss @ 21.09.

The technical summary data is suggesting a short of ADTN if it tests 21.03 with a downside target of 20.55. We should have a stop loss in place at 21.09 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 21.03, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


ADTN Swing Trading Analysis for June 10 2021

Day Trading Plans for ADTN

June 10, 2021, 9:15 pm ET

Our Day Trading Plans for ADTN help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Day Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this ADTN Report.

ADTN - (Long) Support Plan

Buy over 21.03, target 21.35, Stop Loss @ 20.98

If 21.03 begins to break higher, the technical summary data tells us to buy ADTN just over 21.03, with an upside target of 21.35. The data also tells us to set a stop loss @ 20.98 in case the stock turns against the trade. 21.03 is the first level of resistance above 20.93, and by rule, any break above resistance is a buy signal. In this case, 21.03, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

ADTN - (Short) Resistance Plan

Short near 21.03, target 20.55, Stop Loss @ 21.08.

The technical summary data is suggesting a short of ADTN if it tests 21.03 with a downside target of 20.55. We should have a stop loss in place at 21.08 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 21.03, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


ADTN Day Trading Analysis for June 10 2021