Londinia Opportunities Analyses - 04/26/2024 (GMT) ADDUS HOMECARE CORP. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	ADUS
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

78%

17%

My opinion

Bearish under 93.78 USD

My targets

88.41 USD (-3.39%)

86.59 USD (-5.38%)

My analysis

The bearish trend is currently very strong for ADDUS HOMECARE CORP.. As long as the price remains below the resistance at 93.78 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 88.41 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 86.59 USD as an objective. Crossing it would then enable sellers to target 82.99 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

8.4

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Additional analysis

Quotes

ADDUS HOMECARE CORP. rating 91.51 USD. The price registered a decrease of -0.21% on the session with the lowest point at 90.90 USD and the highest point at 92.01 USD. The deviation from the price is +0.67% for the low point and -0.54% for the high point.

90.90

92.01

91.51

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of ADDUS HOMECARE CORP. in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	86.59	88.41	91.49	91.51	96.30	100.38	101.66
Change (%)	-5.38%	-3.39%	-0.02%	-	+5.23%	+9.69%	+11.09%
Change	-4.92	-3.10	-0.02	-	+4.79	+8.87	+10.15
Level	Major	Intermediate	Intermediate	-	Major	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	87.89	89.70	90.70	92.51	93.51	95.32	96.32
Camarilla	90.93	91.19	91.44	91.70	91.96	92.22	92.47
Woodie	87.49	89.50	90.30	92.31	93.11	95.12	95.92
Fibonacci	89.70	90.77	91.44	92.51	93.58	94.25	95.32

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	91.77	93.78	95.49	97.50	99.21	101.22	102.93
Camarilla	96.17	96.51	96.85	97.19	97.53	97.87	98.21
Woodie	91.61	93.71	95.33	97.43	99.05	101.15	102.77
Fibonacci	93.78	95.20	96.08	97.50	98.92	99.80	101.22

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	82.78	87.40	95.37	99.99	107.96	112.58	120.55
Camarilla	99.88	101.03	102.19	103.34	104.49	105.65	106.80
Woodie	84.46	88.24	97.05	100.83	109.64	113.42	122.23
Fibonacci	87.40	92.21	95.18	99.99	104.80	107.77	112.58

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	34.76
MACD (12,26,9):	-0.9800
Directional Movement:	-19.71
AROON (14):	-57.15
DEMA (21):	91.84
Parabolic SAR (0,02-0,02-0,2):	95.33
Elder Ray (13):	-1.10
Super Trend (3,10):	94.39
Zig ZAG (10):	91.31
VORTEX (21):	0.9200
Stochastique (14,3,5):	5.69
TEMA (21):	91.57
Williams %R (14):	-91.73
Chande Momentum Oscillator (20):	-2.26
Repulse (5,40,3):	-0.9900
ROCnROLL:	2
TRIX (15,9):	-0.1200
Courbe Coppock:	3.19

MA7:	94.44
MA20:	97.86
MA50:	97.44
MA100:	94.42
MAexp7:	91.98
MAexp20:	93.08
MAexp50:	94.69
MAexp100:	96.42
Price / MA7:	-3.10%
Price / MA20:	-6.49%
Price / MA50:	-6.09%
Price / MA100:	-3.08%
Price / MAexp7:	-0.51%
Price / MAexp20:	-1.69%
Price / MAexp50:	-3.36%
Price / MAexp100:	-5.09%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The last news published on ADDUS HOMECARE CORP. at the time of the generation of this analysis was as follows: