ARTISAN PARTNERS ASSET MA -A (APAM) Stock Technical Analysis
NYSE:APAM - New York Stock Exchange, Inc. - US04316A1088 - Common Stock - Currency: USD
Overall APAM gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. APAM was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, APAM is a bad performer in the overall market: 70% of all stocks are doing better.
APAM is part of the Capital Markets industry. There are 232 other stocks in this industry, of which 61% are performing better than APAM.
In the last month APAM has a been trading in the 39.25 - 44.54 range, which is quite wide. It is currently trading near the lows of this range.
APAM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so APAM is lagging the market slightly.
APAM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 40.21, a Stop Loss order could be placed below this zone.
More info and screens
34.68
45.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 40.11 to 40.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.03 to 35.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.87 to 44.66. 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 | DOWN | NEGATIVE | The long term trend for APAM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APAM is neutral. |
| ChartMill Relative Strength | 30.31 | NEUTRAL | APAM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of APAM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APAM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of APAM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.37 | NEUTRAL | The RSI value for APAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests APAM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.62 | OVERSOLD | The low Stochastics value suggests APAM may be oversold. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for APAM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.87 | NEGATIVE | The low ADX value for APAM suggests a weak or negative 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)
40.45
+0.33 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.82%
1 Week-1.92%
2 Weeks-5.89%
1 Month1.07%
3 Month-6.1%
6 Month-16.34%
12 Month-5.4%
2 Year2.9%
3 Year13.72%
5 Year24.46%
10 Year-12.94%
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%2.53%
ATR Inc-18.26%
Range Today0.89
ADR(20)0.89
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.31
Mansfield-0.79
10 Day High43.13
10 Day Low39.49
20 Day High44.54
20 Day Low39.25
52 Week High49.54
52 Week Low32.75
CS1 End40.21
CR1 Start42.87
Volume & EV
DER(3)-2.99%
DER(5)-3.62%
Volume379.40K
Volume Incr-12%
Vol(5)580.41K
Vol(50)639.83K