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 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, APAM is only an average performer.
The long and short term trends are both positive. This is looking good!
APAM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so APAM is lagging the market slightly.
In the last month APAM has a been trading in the 44.07 - 48.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, APAM did better than 73% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
APAM is part of the Capital Markets industry. There are 236 other stocks in this industry, APAM did better than 65% of them.
Besides having an excellent technical rating, APAM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 46.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for APAM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
35.19
49.67
We found 3 important support areas.
- A support zone ranging from 45.97 to 46.33. 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 40.11 to 40.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 48.80 to 49.18. 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 | 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 | 73.94 | POSITIVE | APAM has a high relative strength, it outperformed 73.94% off all stocks 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) | 58.02 | NEUTRAL | The RSI value for APAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests APAM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.77 | 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) | 20.24 | NEUTRAL | The ADX value for APAM suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 47.24 | 45.96 | 1.28 (2.71%) | 25.00% |
| An entry @47.24. This is a Buy Stop order right above the 10 day high. | An exit @45.96. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.28 points, which is 2.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- The distance between exit and entry is rather small compared to the average daily movement of APAM. Please evaluate whether better entry and exit points can be found.
- 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.
46.65
+0.15 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.32%
1 Week0.65%
2 Weeks-0.51%
1 Month4.76%
3 Month25.91%
6 Month5.66%
12 Month6.73%
2 Year12.44%
3 Year17.33%
5 Year28.76%
10 Year-2.3%
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%2.27%
ATR Inc-49.52%
Range Today0.57
ADR(20)1.06
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.94
Mansfield-0.02
10 Day High47.23
10 Day Low45.15
20 Day High48.5
20 Day Low44.07
52 Week High49.54
52 Week Low32.75
CS1 End46.33
CR1 Start48.8
Volume & EV
DER(3)3.23%
DER(5)2.28%
Volume308.00K
Volume Incr-13.97%
Vol(5)545.32K
Vol(50)587.80K