ARDENT HEALTH INC (ARDT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ARDT - US03980N1072 - Common Stock
We assign a technical rating of 1 out of 10 to ARDT. ARDT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ARDT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.70, a Stop Loss order could be placed below this zone.
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8.54
When analyzing the support we notice one important area.
- A support zone ranging from 8.63 to 8.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 9.23 to 9.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.31 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.78 to 14.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for ARDT is down. |
| ChartMill Relative Strength | 7.13 | NEGATIVE | ARDT has a low relative strength, it was outperformed by 92.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARDT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARDT is below a declining 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) | 43.25 | NEUTRAL | The RSI value for ARDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests ARDT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.98 | NEUTRAL | The Stochastics value for ARDT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for ARDT suggests some volalility. |
| Average Directional Index/ADX (14) | 29.58 | POSITIVE | The high ADX value value for ARDT suggests a strong trend. |
8.87
-0.34 (-3.69%)
ARDENT HEALTH INC / ARDT FAQ
Can you provide the ChartMill technical rating for ARDENT HEALTH INC?
ChartMill assigns a technical rating of 1 / 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 43.2508. 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 negative.
Can you provide the buy/sell signal for ARDENT HEALTH INC?
The buy/sell signal for ARDENT HEALTH INC (ARDT) is sell as both the short term and long term trends are negative.