ARTIVION INC (AORT) Stock Technical Analysis
NYSE:AORT • US2289031005
Taking everything into account, AORT scores 1 out of 10 in our technical rating. AORT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- AORT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- AORT is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 82% of 186 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that AORT is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- 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.
Although the technical rating is bad, AORT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 40.34, a Stop Loss order could be placed below this zone.
More info and screens
22.89
2 important support areas can be observed.
- A support zone ranging from 39.45 to 40.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.12 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @40.66 from a horizontal line in the daily time frame.
- A resistance zone ranging from 41.56 to 42.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @46.67 from a horizontal line in the weekly time frame.
- Resistance @47.63 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 | NEUTRAL | NEUTRAL | The long term trend for AORT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AORT is down. |
| ChartMill Relative Strength | 71.16 | POSITIVE | AORT has a high relative strength, it outperformed 71.16% 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 | POSITIVE | The current price of AORT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.8 | NEUTRAL | The RSI value for AORT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AORT has a positive trend. |
| Stochastics (14,3) | 25.6 | NEUTRAL | The Stochastics value for AORT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for AORT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.71 | NEUTRAL | The ADX value for AORT suggests a possible start of a new trend. |
40.65
+0.55 (+1.37%)
ARTIVION INC / AORT FAQ
Can you provide the ChartMill technical rating for ARTIVION INC?
ChartMill assigns a technical rating of 1 / 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 40.8004. This indicates that the stock is currently neutral.
What are the support and resistance levels for ARTIVION INC (AORT) stock?
ARTIVION INC (AORT) has a support level at 40.34 and a resistance level at 40.66. Check the full technical report for our detailed analysis of AORT support and resistance levels.