ARDENT HEALTH INC (ARDT) Technical Analysis
NYSE:ARDT • US03980N1072
Current stock price
ARDT Technical Rating and Analysis
Overall ARDT gets a technical rating of 1 out of 10. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 79% of all other stocks performed better in the past year than ARDT.
- ARDT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARDT is lagging the market.
- ARDT is an average performer in the Health Care Providers & Services industry, it outperforms 42% of 101 stocks in the same industry.
- In the last month ARDT has a been trading in the 8.56 - 9.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ARDT Weekly and Daily overview Charts
ARDT Setup Rating and Analysis
Although the technical rating is bad, ARDT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for ARDT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ARDT Support and Resistance Analysis
8.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.02 to 9.05. 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 8.16 to 8.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- Resistance @9.61 from a horizontal line in the weekly time frame.
- Resistance @9.87 from a horizontal line in the daily time frame.
- Resistance @13.58 from a trend line in the weekly time frame.
- Resistance @14.42 from a trend line in the weekly time frame.
- Resistance @14.86 from a horizontal line in the daily time frame.
- Resistance @15.41 from a horizontal line in the weekly time frame.
ARDT Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for ARDT is neutral. |
| ChartMill Relative Strength | 21.45 | NEGATIVE | ARDT has a low relative strength, it was outperformed by 78.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARDT is below a declining 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) | 53.02 | NEUTRAL | The RSI value for ARDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ARDT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.24 | NEUTRAL | The Stochastics value for ARDT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for ARDT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.21 | NEUTRAL | The ADX value for ARDT suggests a possible start of a new trend. |
ARDT Chart- and CandleStick Pattern Analysis
ARDT Technicals: Chart, Performance Metrics, Trend & Indicators
9.39
+0.15 (+1.62%)
ARDENT HEALTH INC / ARDT TA 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 53.0222. 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 neutral.