RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ADTN
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ADTRAN stock price up 2.31% on Wednesday
(Updated on Mar 27, 2024)

Sell candidate since Mar 12, 2024 Loss -9.68% PDF

The ADTRAN stock price gained 2.31% on the last trading day (Wednesday, 27th Mar 2024), rising from $5.20 to $5.32. During the last trading day the stock fluctuated 1.90% from a day low at $5.25 to a day high of $5.35. The price has been going up and down for this period, and there has been a -4.14% loss for the last 2 weeks. Volume fell on the last day by -139 thousand shares and in total, 439 thousand shares were bought and sold for approximately $2.33 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -27.05% during the next 3 months and, with a 90% probability hold a price between $3.77 and $4.24 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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ADTN Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 2.31%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ADTRAN stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $5.35 and $5.95. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for ADTRAN stock

ADTRAN finds support from accumulated volume at $5.31 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.1000 between high and low, or 1.90%. For the last week, the stock has had daily average volatility of 2.94%.

ADTRAN is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ADTN) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect ADTRAN to open at $5.31, and during the day (based on 14 day Average True Range), to move between $5.07 and $5.57, which gives a possible trading interval of +/-$0.249 (+/-4.67%) up or down from last closing price. If ADTRAN takes out the full calculated possible swing range there will be an estimated 9.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $5.33 (0.19%) than the support at $5.31 (0.19%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ADTRAN stock A Buy?

ADTRAN holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.336 Sell Candidate Unchanged

Predicted Opening Price for ADTRAN of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$5.31 ( 0.251%) $5.32

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ADTN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.41 1.63 %
R2 5.37 0.91 %
R1 5.34 0.467 %
Current price: 5.32
Support S1 5.27 -0.97 %
S2 5.24 -1.41 %
S3 5.21 -2.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 5.69 6.95 %
R2 5.57 4.70 %
R1 5.33 0.188 %
Current price 5.32
Support S1 5.31 -0.188%
S2 5.20 -2.26%
S3 0 .

ADTN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 06, 2023 Aug 18, 2023 Sep 05, 2023 $0.0900 1.08%
2 May 08, 2023 May 22, 2023 Jun 06, 2023 $0.0900 0.98%
3 Feb 20, 2023 Mar 06, 2023 Mar 21, 2023 $0.0900 0.564%
4 Nov 08, 2022 Nov 21, 2022 Dec 06, 2022 $0.0900 0.464%
5 Aug 03, 2022 Aug 17, 2022 Sep 01, 2022 $0.0900 0.396%

FAQ

What is the symbol for ADTRAN Stock and on which exchange is it traded?
The symbol for ADTRAN is ADTN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ADTRAN Stock?
ADTRAN holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy ADTRAN Stock?
ADTRAN Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ADTRAN Stock.

What's the current price of ADTRAN Stock?
As of the end of day on the 2024-03-27, the price of an ADTRAN (ADTN) share was $5.32.

What is the 52-week high and low for ADTRAN Stock?
The 52-week high for ADTRAN Stock is $15.96 and the 52-week low is $4.91.

What is the market capitalization of ADTRAN Stock?
As of the 2024-03-27, the market capitalization of ADTRAN is 418.679M.

When is the next earnings date for ADTRAN?
The upcoming earnings date for ADTRAN is May 13, 2024.
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