ARTISAN PARTNERS ASSET MA -A (APAM) Stock Technical Analysis
NYSE:APAM - US04316A1088 - Common Stock
46.72 USD
+1.78 (+3.96%)
46.72 USD
0 (0%)
Overall APAM gets a technical rating of 7 out of 10. Although APAM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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 43.59 - 48.46 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 71% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
APAM is an average performer in the Capital Markets industry, it outperforms 68% of 237 stocks in the same industry.
APAM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 48.12. Right above this resistance zone may be a good entry point.
More info and screens
35.34
49.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 45.58 to 46.52. 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 44.62 to 44.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.70 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 48.12 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 | NEUTRAL | NEUTRAL | The short term trend for APAM is neutral. |
| ChartMill Relative Strength | 71.41 | POSITIVE | APAM has a high relative strength, it outperformed 71.41% 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) | 53.8 | NEUTRAL | The RSI value for APAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests APAM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.15 | NEUTRAL | The Stochastics value for APAM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for APAM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.54 | 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)
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 |
|---|---|---|---|
| 48.47 | 45.57 | 2.90 (5.98%) | 16.71% |
| An entry @48.47. This is a Buy Stop order right above the 10 day high. | An exit @45.57. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.90 points, which is 5.98%. | When investing 16.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
46.72
+1.78 (+3.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg3.96%
1 Week0.71%
2 Weeks1.34%
1 Month0.15%
3 Month15.56%
6 Month10.68%
12 Month11.05%
2 Year21.6%
3 Year38.39%
5 Year20.69%
10 Year14.31%
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%2.57%
ATR Inc8.35%
Range Today1.64
ADR(20)1.09
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.41
Mansfield-0.11
10 Day High48.46
10 Day Low44.6
20 Day High48.46
20 Day Low43.59
52 Week High49.54
52 Week Low32.75
CS1 End46.52
CR1 Start48.12
Volume & EV
DER(3)-2%
DER(5)-0.96%
Volume433.60K
Volume Incr-31.62%
Vol(5)402.58K
Vol(50)589.40K