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
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

ADTRAN stock price up more than 5.09% on Friday
(Updated on Jul 12, 2024)

Buy candidate since Jul 10, 2024 Gain 10.31% PDF

The ADTRAN stock price gained 5.09% on the last trading day (Friday, 12th Jul 2024), rising from $5.50 to $5.78. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 6.22% from a day low at $5.50 to a day high of $5.85. The price has risen in 7 of the last 10 days and is up by 15.83% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 40 thousand more shares were traded than the day before. In total, 656 thousand shares were bought and sold for approximately $3.79 million.

The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.85% during the next 3 months and, with a 90% probability hold a price between $5.40 and $6.80 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

ADTN Signals & Forecast

Mostly positive signals in the chart today. The ADTRAN stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $5.32 and $5.25. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 26, 2024, and so far it has risen 19.92%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for ADTRAN stock

On the downside, the stock finds support just below today's level from accumulated volume at $5.39 and $5.29. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, ADTRAN finds support just below today's level at $5.39. If this is broken, then the next support from accumulated volume will be at $5.29 and $5.04.

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 $0.342 between high and low, or 6.22%. For the last week, the stock has had daily average volatility of 3.92%.

Our recommended stop-loss: $5.56 (-3.72%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 40 days ago.)

Trading Expectations (ADTN) For The Upcoming Trading Day Of Monday 15th

For the upcoming trading day on Monday, 15th we expect ADTRAN to open at $5.71, and during the day (based on 14 day Average True Range), to move between $5.54 and $6.02, which gives a possible trading interval of +/-$0.238 (+/-4.13%) up or down from last closing price. If ADTRAN takes out the full calculated possible swing range there will be an estimated 8.25% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $5.83 (0.87%) than the support at $5.39 (6.75%), 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 positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 7.650 Strong Buy Candidate Unchanged

Predicted Opening Price for ADTRAN of Monday, July 15, 2024

Fair opening price July 15, 2024 Current price
$5.71 ( 1.22%) $5.78

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
R3 6.05 4.70%
R2 5.92 2.44%
R1 5.84 1.04%
Price 5.78
S1 5.58 -3.49%
S2 5.50 -4.88%
S3 5.37 -7.15%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 5.83 0.87%
Price 5.78
S1 5.39 -6.75%
S2 5.29 -8.48%
S3 5.04 -12.80%

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 positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

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 Jul 12, 2024, the price of an ADTRAN (ADTN) share was $5.78.

What is the 52-week high and low for ADTRAN Stock?
The 52-week high for ADTRAN Stock is $10.96 and the 52-week low is $4.34.

What is the market capitalization of ADTRAN Stock?
As of the Jul 12, 2024, the market capitalization of ADTRAN is 457.293M.

When is the next earnings date for ADTRAN?
The upcoming earnings date for ADTRAN is Aug 05, 2024.
Click to get the best stock tips daily for free!

About ADTRAN

ADTRAN ADTRAN Holdings, Inc., through its subsidiaries, provides end-to-end fiber networking solutions for communications service provider, enterprises, and government customers in the United States, Germany, the United Kingdom, Mexico, and internationally. It operates through two segments, Network Solutions, and Services & Support. The company offers fiber access and fiber to the node platforms; transceivers, cables, and other miscellaneous materials; ... ADTN Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT