pool adsInvesting Report for Adtran ADTN
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.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Strong | Strong |
| P1 | 0 | 0 | 16.90 |
| P2 | 21.02 | 20.55 | 18.91 |
| P3 | 21.71 | 21.35 | 21.03 |
Support and Resistance Plot Chart for ADTN
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.
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
