ADEA: Bull Flag detected on 17 Apr 2026

All prices, scores, and news on this page reflect data available before market open on .

Overall Score
84 of 100
Strong
Win Probability
62%
Moderate
Reward / Risk
0.6 : 1
$0.21 reward $-0.36 risk
Current Setup
ADEA is forming a bull flag pattern with a high-quality structure score of 15.0 and solid breakout score of 13.0 as price pulls back to test resistance at $27.59 near the flagpole high. Current price at $27.89 sits 0.11% below 52-week highs, with volume declining to 90% of 20-day average—typical flag consolidation. RSI at 72.11 signals overbought conditions. The overall pattern scores 84 out of 98, with win probability of 62.41%, indicating technical setup quality but requiring confirmation above resistance for meaningful continuation.
Stock Context
Adeia will announce Q1 2026 financial results on May 4, 2026—catalyst arriving in 17 days that could trigger volatility around this flag. The company announced executive leadership changes on January 26, 2026, with Craig Mitchell rejoining as chief semiconductor officer to drive strategic growth. Adeia's patent portfolio of more than 13,750 worldwide assets underpins semiconductors and hybrid bonding architectures for Gen AI workloads. On April 1, 2026, Adeia filed patent infringement litigation against DISH Network Corporation, adding to existing litigation strength. 2025 revenue reached $443.39 million (up 17.91%) and earnings grew 71.88%. Four analysts rate ADEA as Strong Buy with a $31.0 target price target (23.65% upside).
What to Expect
A successful bull flag breakout above $27.59 resistance targets the measured move of $28.81 (conservative target)—roughly 3.3% above current price. Volume confirmation would require above-average volume thrust on breakout; current relative volume at 0.9 suggests tight consolidation. The pattern invalidates below key support at $26.42, a 5.2% risk below the flag consolidation zone. Win probability of 62.41% reflects solid technical structure but suggests about 2-in-5 odds of failure, typical for flag patterns. Beta of 1.36 indicates 36% more volatility than broad market.
Risk Factors
Pending DISH Network litigation involves five patents in media IP portfolio—litigation outcomes are unpredictable and timing uncertain. Q1 2026 earnings on May 4 at 5 p.m. ET falls just 17 days out, leaving limited runway before potential post-earnings volatility. RSI at 72.11 is deeply overbought (>70), signaling potential pullback risk and reduced upside buffer. Analyst views flag key risks: shrinking legacy licensing revenue and reliance on key partners create near-term revenue volatility, with rapid technology change threatening ability to sustain recurring growth. ATR at 3.66% suggests daily moves of $1.02 on typical days—wide swings increase breakout execution risk.
Market & Sector Regime
Market
Bullish 0.81
-1.0 0 +1.0
Technology Sector
Bullish 0.78
-1.0 0 +1.0
Overall Score
40 of 40
Exceptional
Pattern Quality
18 of 20
Exceptional
Setup
11 of 20
Fair
R/R
15 of 18
Strong
Context
Pattern Quality Score
15 of 15
Exceptional
Structure
13 of 13
Exceptional
Breakout
12 of 12
Exceptional
Volume
Recent Performance
+3.1%
1W
+11.2%
2W
+18.9%
1M
+47.4%
3M
Momentum & Trend
RSI (14)
72.1
Overbought
MACD Histogram
+0.08
Bullish
Bollinger Band Position
93.9%
Upper Band
Volatility & Risk
20-Day Volatility
0.42
High
ATR %
3.7%
Medium
Beta
1.36
Above Mkt
Volume Analysis
Volume Ratio
0.90x
Average
20-Day Avg Vol
1.2M
shares / day
Current Volume
1.1M
shares traded
Price Levels
Target
$28.81
52W High
$27.92
Current
$27.89
Resistance
$27.59
Stop Loss
$26.77
Support
$26.42
52W Low
$10.45
Disclaimer: This analysis is algorithmically generated for educational purposes only and does not constitute financial advice. Past pattern performance does not guarantee future results. Win probabilities are based on historical data across 370,000+ observations. Always conduct your own research and consult a qualified financial advisor. AI-assisted contextual analysis by Claude (Anthropic). Indicators reflect values at time of detection.