ARHT MEDIA INC (ART.CA) Stock Technical Analysis
TSX-V:ART - TSX Venture Exchange - CA0403282050 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to ART. ART'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than ART.
ART is one of the lesser performing stocks in the Software industry. 96% of 64 stocks in the same industry do better.
ART is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ART has a been trading in the 0.01 - 0.04 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
ART has a poor technical rating and the quality of the setup is also only medium 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
0.01
0.02
When analyzing the support we notice one important area.
- Support @0.01 from a trend 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 ART.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ART.CA is down. |
| ChartMill Relative Strength | 0.12 | NEGATIVE | ART.CA has a low relative strength, it was outperformed by 99.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ART.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ART.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ART.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.31 | NEUTRAL | The RSI value for ART.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ART.CA has a positive trend. |
| Stochastics (14,3) | 8.33 | OVERSOLD | The low Stochastics value suggests ART.CA may be oversold. |
| Average True Range in percent/ATR (20) | 38.33 | HIGH VOLATILITY | The high ATR as a percentage value for ART.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 45.45 | POSITIVE | The high ADX value value for ART.CA suggests a strong 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)
TSX-V:ART (9/30/2024, 7:00:00 PM)
0.015
+0 (+50%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg50%
1 Week0%
2 Weeks0%
1 Month-62.5%
3 Month-76.92%
6 Month-70%
12 Month-88%
2 Year-90.62%
3 Year-91.67%
5 Year-86.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%38.33%
ATR Inc40%
Range Today0.01
ADR(20)0.01
ADR(20)%33.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.12
Mansfield-7.97
10 Day High0.02
10 Day Low0.01
20 Day High0.04
20 Day Low0.01
52 Week High0.14
52 Week Low0.01
CS1 End0.01
CR1 StartN/A
Volume & EV
DER(3)-23.04%
DER(5)-13.82%
Volume276.39K
Volume Incr-72.47%
Vol(5)123.87K
Vol(50)219.68K