ARTISAN PARTNERS ASSET MA -A (APAM)

US04316A1088 - Common Stock

45.65  +0.09 (+0.2%)

Technical Rating and Analysis

10

Overall APAM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, APAM is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, APAM did better than 82% of all other stocks. We also observe that the gains produced by APAM over the past year are nicely spread over this period.
APAM is part of the Capital Markets industry. There are 208 other stocks in this industry. APAM outperforms 85% of them.
APAM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month APAM has a been trading in the 42.18 - 45.92 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
APAM Weekly chart
APAM Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, APAM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 45.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.24, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

34.17

46.11

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 45.24 to 45.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 42.92 to 44.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 40.91 to 41.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @34.52 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.87
Mansfield0.22
10 Day High45.58
10 Day Low42.3
20 Day High45.92
20 Day Low42.18
52 Week High45.92
52 Week Low31.07
Performance
1 Week3.97%
2 Weeks4.21%
1 Month8.74%
3 Month3.12%
6 Month21.75%
12 Month42.46%
2 Year15.78%
3 Year-12.67%
5 Year81.01%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)62.03
LBB42.31
UBB45.6
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
45.5845.230.35 (0.77%)25.00%
An entry @45.58. This is a Buy Stop order right above the resistance zone.An exit @45.23. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.35 points, which is 0.77%.For a 0.19% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
APAM Daily chart

ARTISAN PARTNERS ASSET MA -A

NYSE:APAM (3/28/2024, 1:11:30 PM)

45.65

+0.09 (+0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.2%
1 Week3.97%
2 Weeks4.21%
1 Month8.74%
3 Month3.12%
6 Month21.75%
12 Month42.46%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.02
ATR(20)%2.41%
ATR Inc
Range Today0.52
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High45.58
10 Day Low42.3
20 Day High45.92
20 Day Low42.18
52 Week High45.92
52 Week Low31.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume136.86K
Volume Incr-35.35%
Vol(5)312.18K
Vol(50)500.82K