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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Green day on Thursday for ADTRAN stock after gaining 2.26%
(Updated on Mar 28, 2024)

Sell candidate since Mar 12, 2024 Loss -7.64% PDF

The ADTRAN stock price gained 2.26% on the last trading day (Thursday, 28th Mar 2024), rising from $5.32 to $5.44. During the last trading day the stock fluctuated 2.62% from a day low at $5.34 to a day high of $5.48. The price has risen in 6 of the last 10 days. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 115 thousand more shares were traded than the day before. In total, 554 thousand shares were bought and sold for approximately $3.01 million.

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 -27.14% during the next 3 months and, with a 90% probability hold a price between $3.74 and $4.21 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 4.62%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ADTRAN stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $5.93. On a fall, the stock will find some support from the short-term average at $5.36. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. 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 $5.41 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 $0.140 between high and low, or 2.62%. For the last week, the stock has had daily average volatility of 2.83%.

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 Monday 1st

For the upcoming trading day on Monday, 1st we expect ADTRAN to open at $5.42, and during the day (based on 14 day Average True Range), to move between $5.20 and $5.68, which gives a possible trading interval of +/-$0.243 (+/-4.46%) up or down from last closing price. If ADTRAN takes out the full calculated possible swing range there will be an estimated 8.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $5.41 (0.55%) than the resistance at $5.57 (2.39%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ADTRAN stock A Buy?

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

Current score: -1.373 Sell Candidate Unchanged

Predicted Opening Price for ADTRAN of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$5.42 ( 0.368%) $5.44

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 5.56 2.21 %
R2 5.51 1.22 %
R1 5.47 0.615 %
Current price: 5.44
Support S1 5.37 -1.35 %
S2 5.33 -1.96 %
S3 5.28 -2.94 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.70 23.16 %
R2 5.69 4.60 %
R1 5.57 2.39 %
Current price 5.44
Support S1 5.41 -0.551%
S2 5.33 -2.02%
S3 5.20 -4.41%

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 we believe that 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 2024-03-28, the price of an ADTRAN (ADTN) share was $5.44.

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 2024-03-28, the market capitalization of ADTRAN is 428.123M.

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