ARTERIS INC (AIP) Stock Technical Analysis
NASDAQ:AIP - Nasdaq - US04302A1043 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to AIP. In the past year, AIP was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month AIP has a been trading in the 6.88 - 8.96 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, AIP outperforms 64% of them, which is more or less in line with the market.
AIP is part of the Software industry. There are 284 other stocks in this industry, AIP did better than 55% of them.
AIP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AIP is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AIP has an average technical rating and it also does not offer a high quality setup 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
5.91
8.62
2 important support areas can be observed.
- A support zone ranging from 7.64 to 7.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.97 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.48 to 8.53. 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 | NEUTRAL | NEUTRAL | The long term trend for AIP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AIP is up. |
| ChartMill Relative Strength | 64.97 | NEUTRAL | AIP is not amongst the best or worst performers 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) | 65.68 | NEUTRAL | The RSI value for AIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AIP has a positive trend. |
| Stochastics (14,3) | 83.75 | OVERBOUGHT | The high Stochastics value suggests AIP may be overbought. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for AIP suggests some volalility. |
| Average Directional Index/ADX (14) | 27.26 | POSITIVE | The high ADX value value for AIP suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.47
-0.05 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.59%
1 Week10.72%
2 Weeks8.17%
1 Month12.78%
3 Month11.01%
6 Month-17.69%
12 Month5.22%
2 Year24.19%
3 Year21.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%4.6%
ATR Inc25.4%
Range Today0.29
ADR(20)0.38
ADR(20)%4.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.97
Mansfield-0.18
10 Day High8.96
10 Day Low7.53
20 Day High8.96
20 Day Low6.88
52 Week High12.64
52 Week Low5.46
CS1 End7.72
CR1 Start8.48
Volume & EV
DER(3)7.09%
DER(5)3.79%
Volume184.40K
Volume Incr28.54%
Vol(5)334.66K
Vol(50)231.84K