ARTIVION INC (AORT) Technical Analysis
NYSE:AORT • US2289031005
Overall AORT gets a technical rating of 2 out of 10. Although AORT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month AORT has a been trading in the 33.85 - 40.93 range, which is quite wide. It is currently trading near the lows of this range.
- AORT is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry. AORT outperforms 85% of them.
- Looking at the yearly performance, AORT did better than 76% of all other stocks. However, we also see that AORT couldn't keep up this performance in the last couple of months.
- AORT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AORT is lagging the market.
AORT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 37.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.34, a Stop Loss order could be placed below this zone.
More info and screens
22.89
We found 2 important support areas.
- A support zone ranging from 35.34 to 36.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.12 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 37.40 to 37.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 38.51 to 38.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 39.87 to 39.93. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for AORT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AORT is down. |
| ChartMill Relative Strength | 76.66 | POSITIVE | AORT has a high relative strength, it outperformed 76.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AORT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AORT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AORT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.78 | NEUTRAL | The RSI value for AORT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AORT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.41 | NEUTRAL | The Stochastics value for AORT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for AORT suggests some volalility. |
| Average Directional Index/ADX (14) | 34.22 | POSITIVE | The high ADX value value for AORT suggests a strong trend. |
AORT Technicals: Chart, Performance Metrics, Trend & Indicators
36.35
+0.39 (+1.08%)
ARTIVION INC / AORT FAQ
Can you provide the ChartMill technical rating for ARTIVION INC?
ChartMill assigns a technical rating of 2 / 10 to AORT.
What is the current trend direction of ARTIVION INC (AORT) stock?
The current trend direction for ARTIVION INC (AORT) is Bearish.
Can you provide the RSI signal for ARTIVION INC?
ARTIVION INC (AORT) has an RSI value of 37.7804. This indicates that the stock is currently neutral.
What is the buy/sell signal for ARTIVION INC (AORT) stock?
The buy/sell signal for ARTIVION INC (AORT) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for ARTIVION INC (AORT) stock?
ARTIVION INC (AORT) has a support level at 36.34 and a resistance level at 37.4. Check the full technical report for our detailed analysis of AORT support and resistance levels.