ARTIVION INC (AORT) Stock Technical Analysis
NYSE:AORT - New York Stock Exchange, Inc. - US2289031005 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to AORT. In the last year, AORT was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
AORT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 29.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.03, a Stop Loss order could be placed below this zone.
More info and screens
22.89
3 important support areas can be observed.
- A support zone ranging from 28.45 to 29.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.89 from a trend line in the weekly time frame.
- Support @23.12 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 29.37 to 29.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @31.70 from a horizontal line in the daily time frame.
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 AORT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AORT is up. |
| ChartMill Relative Strength | 87.67 | POSITIVE | AORT has a high relative strength, it outperformed 87.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AORT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AORT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AORT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.31 | NEUTRAL | The RSI value for AORT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests AORT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.89 | NEUTRAL | The Stochastics value for AORT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for AORT suggests some volalility. |
| Average Directional Index/ADX (14) | 36.33 | POSITIVE | The high ADX value value for AORT 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 |
|---|---|---|---|
| 29.72 | 28.44 | 1.28 (4.31%) | 23.22% |
| An entry @29.72. This is a Buy Stop order right above the resistance zone. | An exit @28.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.28 points, which is 4.31%. | For a 1.00% total portfolio risk, you can invest 23.22% 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.
29.12
+0.46 (+1.61%)