ARTISAN PARTNERS ASSET MA -A (APAM) Stock Technical Analysis
NYSE:APAM • US04316A1088
Overall APAM gets a technical rating of 0 out of 10. APAM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 73% of all other stocks performed better in the past year than APAM.
- In the last month APAM has a been trading in the 39.56 - 46.53 range, which is quite wide. It is currently trading near the lows of this range.
- APAM is part of the Capital Markets industry. There are 238 other stocks in this industry, APAM did better than 54% of them.
- 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.
The technical rating of APAM is bad and it also does not present a quality setup 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
39.72
When analyzing the support we notice one important area.
- A support zone ranging from 40.12 to 40.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 42.44 to 45.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.43 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 | DOWN | NEGATIVE | The long term trend for APAM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for APAM is down. |
| ChartMill Relative Strength | 27.78 | NEGATIVE | APAM has a low relative strength, it was outperformed by 72.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APAM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of APAM is below a declining 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) | 32.88 | NEUTRAL | The RSI value for APAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests APAM has a negative trend. |
| Stochastics (14,3) | 9.3 | OVERSOLD | The low Stochastics value suggests APAM may be oversold. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for APAM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.44 | NEGATIVE | The low ADX value for APAM suggests a weak or negative trend. |
40.16
-1.44 (-3.46%)
ARTISAN PARTNERS ASSET MA -A / APAM FAQ
What is the technical rating for APAM stock?
ChartMill assigns a technical rating of 0 / 10 to APAM.
What is the current trend direction of ARTISAN PARTNERS ASSET MA -A (APAM) stock?
The current trend direction for ARTISAN PARTNERS ASSET MA -A (APAM) is Bearish.
What is the RSI signal for APAM stock?
ARTISAN PARTNERS ASSET MA -A (APAM) has an RSI value of 32.8849. This indicates that the stock is currently neutral.
What is the short term momentum for APAM stock?
The short term momentum for ARTISAN PARTNERS ASSET MA -A (APAM) is negative.
What is the support and resistance level for APAM stock?
ARTISAN PARTNERS ASSET MA -A (APAM) has a support level at 40.15 and a resistance level at 42.44. Check the full technical report for our detailed analysis of APAM support and resistance levels.