ARTISAN PARTNERS ASSET MA -A (APAM) Stock Technical Analysis
NYSE:APAM - New York Stock Exchange, Inc. - US04316A1088 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to APAM. APAM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
In the last month APAM has a been trading in the 39.48 - 43.48 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, APAM outperforms 62% of them, which is more or less in line with the market.
APAM is an average performer in the Capital Markets industry, it outperforms 67% of 232 stocks in the same industry.
APAM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APAM is lagging the market.
Although APAM has an excellent technical rating, it does not present a decent entry opportunity 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
35.05
45.11
When analyzing the support we can see 4 important areas.
- A support zone ranging from 43.08 to 43.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 42.37 to 42.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 39.98 to 40.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.40 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @44.66 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 APAM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for APAM is up. |
| ChartMill Relative Strength | 62.26 | NEUTRAL | APAM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APAM is above 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 | POSITIVE | The current price of APAM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.15 | NEUTRAL | The RSI value for APAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests APAM has a positive trend. |
| Stochastics (14,3) | 77.01 | NEUTRAL | The Stochastics value for APAM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for APAM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.61 | 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)
43.72
+0.9 (+2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg2.1%
1 Week1.21%
2 Weeks5.16%
1 Month3.71%
3 Month9.46%
6 Month-2.62%
12 Month3.76%
2 Year8.93%
3 Year20.38%
5 Year31.75%
10 Year-7.83%
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%2.27%
ATR Inc9.67%
Range Today0.69
ADR(20)0.93
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.26
Mansfield-0.29
10 Day High43.48
10 Day Low40.72
20 Day High43.48
20 Day Low39.49
52 Week High49.54
52 Week Low32.75
CS1 End42.37
CR1 Start43.08
Volume & EV
DER(3)-0.16%
DER(5)-1.28%
Volume569.95K
Volume Incr38.15%
Vol(5)764.70K
Vol(50)617.76K