As this happened, RBC Capital Mkts also remained covering ADT and has decreased its forecast on January 06, 2022 with a “Sector perform” recommendation from previously “an Outperform” rating.
Price Performance Review of ADT
On Tuesday, ADT Inc [NYSE:ADT] saw its stock jump 2.31% to $7.08. Over the last five days, the stock has lost -0.42%. ADT Inc shares have risen nearly 2.46% since the year began. Nevertheless, the stocks have risen 10.62% over the past one year. While a 52-week high of $8.25 was reached on 01/06/25, a 52-week low of $6.02 was recorded on 01/13/25. SMA at 50 days reached $7.30, while 200 days put it at $7.17.
Levels Of Support And Resistance For ADT Stock
The 24-hour chart illustrates a support level at 7.00, which if violated will result in even more drops to 6.93. On the upside, there is a resistance level at 7.14. A further resistance level may holdings at 7.20. The Relative Strength Index (RSI) on the 14-day chart is 49.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.48%. Stochastics %K at 45.68% indicates the stock is a holding.
How much short interest is there in ADT Inc?
A steep rise in short interest was recorded in ADT Inc stocks on 2024-12-31, growing by 7.22 million shares to a total of 21.65 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 14.43 million shares. There was a rise of 33.34%, which implies that there is a positive sentiment for the stock.