ARDENT HEALTH INC (ARDT) Stock Technical Analysis
NYSE:ARDT • US03980N1072
Overall ARDT gets a technical rating of 3 out of 10. In the past year, ARDT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, ARDT is a bad performer in the overall market: 81% of all stocks are doing better.
- ARDT is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, of which 60% are performing better than ARDT.
- ARDT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ARDT has a been trading in the 8.07 - 9.71 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ARDT 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
8.08
When analyzing the support we notice one important area.
- A support zone ranging from 8.16 to 8.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 9.61 to 9.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.90 from a trend line in the weekly time frame.
- Resistance @14.58 from a trend line in the weekly time frame.
- Resistance @14.86 from a horizontal line in the daily time frame.
- A resistance zone ranging from 15.41 to 15.41. 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 | DOWN | NEGATIVE | The long term trend for ARDT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARDT is up. |
| ChartMill Relative Strength | 19.56 | NEGATIVE | ARDT has a low relative strength, it was outperformed by 80.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARDT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARDT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARDT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.35 | NEUTRAL | The RSI value for ARDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ARDT has a positive trend. |
| Stochastics (14,3) | 93.77 | OVERBOUGHT | The high Stochastics value suggests ARDT may be overbought. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ARDT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.77 | NEUTRAL | The ADX value for ARDT suggests a possible start of a new trend. |
9.6
+0.12 (+1.27%)
ARDENT HEALTH INC / ARDT FAQ
Can you provide the ChartMill technical rating for ARDENT HEALTH INC?
ChartMill assigns a technical rating of 3 / 10 to ARDT.
Can you provide the trend direction for ARDENT HEALTH INC?
The current trend direction for ARDENT HEALTH INC (ARDT) is Bearish.
Can you provide the RSI signal for ARDENT HEALTH INC?
ARDENT HEALTH INC (ARDT) has an RSI value of 67.3519. This indicates that the stock is currently neutral.
What is the short term momentum for ARDT stock?
The short term momentum for ARDENT HEALTH INC (ARDT) is positive.
Can you provide the buy/sell signal for ARDENT HEALTH INC?
The buy/sell signal for ARDENT HEALTH INC (ARDT) is hold as the short term and long term trends are mixed.