ARDENT HEALTH INC (ARDT) Stock Technical Analysis
NYSE:ARDT - US03980N1072 - Common Stock
12.53 USD
-0.16 (-1.26%)
12.65 USD
+0.12 (+0.96%)
Overall ARDT gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ARDT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ARDT is a bad performer in the overall market: 92% of all stocks are doing better.
ARDT is one of the lesser performing stocks in the Health Care Providers & Services industry. 72% of 101 stocks in the same industry do better.
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 10.10 - 13.20 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.
Although the technical rating is bad, ARDT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 12.52, a Stop Loss order could be placed below this zone.
More info and screens
12.26
15.40
When analyzing the support we notice one important area.
- A support zone ranging from 12.38 to 12.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 12.61 to 13.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.35 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.07 to 14.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.86 from a horizontal line in the daily time frame.
- Resistance @15.25 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 ARDT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARDT is up. |
| ChartMill Relative Strength | 8.32 | NEGATIVE | ARDT has a low relative strength, it was outperformed by 91.68% 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) | DOWN | MIXED | The current price of ARDT is above 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) | 53.88 | NEUTRAL | The RSI value for ARDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ARDT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.61 | OVERBOUGHT | The high Stochastics value suggests ARDT may be overbought. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for ARDT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.94 | NEUTRAL | The ADX value for ARDT suggests a possible start of a new 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)
12.53
-0.16 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.26%
1 Week-3.02%
2 Weeks0.48%
1 Month16.99%
3 Month-13.47%
6 Month-14.53%
12 Month-36.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%3.75%
ATR Inc-51.1%
Range Today0.23
ADR(20)0.43
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.32
Mansfield-2.31
10 Day High13.2
10 Day Low12.24
20 Day High13.2
20 Day Low10.1
52 Week High20.72
52 Week Low10.1
CS1 End12.52
CR1 Start12.61
Volume & EV
DER(3)0.86%
DER(5)0.19%
Volume665.70K
Volume Incr-20.73%
Vol(5)352.52K
Vol(50)425.55K