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.
- When comparing the yearly performance of all stocks, APAM is a bad performer in the overall market: 76% of all stocks are doing better.
- In the last month APAM has a been trading in the 39.25 - 46.53 range, which is quite wide. It is currently trading near the lows of this range.
- APAM is an average performer in the Capital Markets industry, it outperforms 48% of 238 stocks in the same industry.
- 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 poor technical rating and the quality of the setup is also only medium 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.
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39.59
When analyzing the support we notice one important area.
- Support @39.99 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @40.12 from a horizontal line in the daily time frame.
- A resistance zone ranging from 40.91 to 41.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 42.31 to 42.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.63 to 45.19. This zone is formed by a combination of multiple trend lines 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 | 24.13 | NEGATIVE | APAM has a low relative strength, it was outperformed by 75.87% 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) | DOWN | NEGATIVE | The current price of APAM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.09 | NEUTRAL | The RSI value for APAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests APAM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.27 | OVERSOLD | The low Stochastics value suggests APAM may be oversold. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for APAM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.93 | NEUTRAL | The ADX value for APAM suggests a possible start of a new trend. |
40
-0.42 (-1.04%)
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 36.0929. 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 39.99 and a resistance level at 40.12. Check the full technical report for our detailed analysis of APAM support and resistance levels.