ARTERIS INC (AIP) Technical Analysis
NASDAQ:AIP • US04302A1043
Taking everything into account, AIP scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AIP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- AIP is part of the Software industry. There are 276 other stocks in this industry. AIP outperforms 94% of them.
- AIP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AIP is lagging the market slightly.
- In the last month AIP has a been trading in the 13.52 - 17.75 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that AIP is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although AIP has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.12
4 important support areas can be observed.
- A support zone ranging from 15.09 to 15.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.60 to 14.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.02 to 14.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.24 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.03 to 17.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 17.55 to 17.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AIP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIP is up. |
| ChartMill Relative Strength | 91.72 | POSITIVE | AIP has a high relative strength, it outperformed 91.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.11 | NEUTRAL | The RSI value for AIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests AIP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.92 | NEUTRAL | The Stochastics value for AIP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.18 | HIGH VOLATILITY | The high ATR as a percentage value for AIP suggests high volalility. |
| Average Directional Index/ADX (14) | 25.37 | POSITIVE | The high ADX value value for AIP suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.23 | 15.08 | 2.15 (12.48%) | 8.01% |
| An entry @17.23. This is a Buy Stop order right above the resistance zone. | An exit @15.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.15 points, which is 12.48%. | For a 1.00% total portfolio risk, you can invest 8.01% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AIP Technicals: Chart, Performance Metrics, Trend & Indicators
16.46
+0.28 (+1.73%)
ARTERIS INC / AIP FAQ
What is the technical rating for AIP stock?
ChartMill assigns a technical rating of 9 / 10 to AIP.
What is the trend direction for AIP stock?
The current trend direction for ARTERIS INC (AIP) is Bullish.
What is the RSI signal for AIP stock?
ARTERIS INC (AIP) has an RSI value of 56.1056. This indicates that the stock is currently neutral.
What is the short term momentum for ARTERIS INC (AIP) stock?
The short term momentum for ARTERIS INC (AIP) is positive.
What are the support and resistance levels for ARTERIS INC (AIP) stock?
ARTERIS INC (AIP) has a support level at 15.52 and a resistance level at 17.03. Check the full technical report for our detailed analysis of AIP support and resistance levels.