ADTRAN Holdings, Inc. (ADTN)

ADTRAN Holdings, Inc. is trading at $7.50, down 3.29% on the session. The 50 day average sits at $10.49 and the 200 day at $11.42, which puts the stock in a downtrend. RSI is at 34.4, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $7.46 with resistance near $8.73, so that band frames the current range. Average daily movement is roughly $0.50, or about 6.6% of the share price, which is what any stop placement has to allow for. The overall health score of 28 out of 100 combines a trend score of 0, momentum of 49 and a risk score of 42.

ADTRAN Holdings, Inc. provides networking and communications platforms, software, systems, and services in the United States, Germany, the United Kingdom, and internationally. It operates through two segments, Network Solutions, and Services & Support. It offers residential gateways; ethernet passive optical network ONUs; gigabit passive optical network/XGS-PON ONTs; routers, and switches; edge cloud; carrier ethernet network interface devices; Optical Line Terminals; Packet Aggregation, Copper Access, and Oscilloquartz; optical transport and engine solutions; infrastructure monitoring solution; and training, professional, software, and managed services. The company provides various software, such as Mosaic One SaaS, n-Command, Procloud, MCP, AOE, and ACI-E. It serves large, medium, and small service providers; alternative service providers, such as utilities, municipalities and fiber overbuilders; cable/MSOs; and SMBs and distributed enterprises. ADTRAN Holdings, Inc. was incorporated in 1985 and is headquartered in Huntsville, Alabama.