We assign a technical rating of 0 out of 10 to ARTL. ARTL'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.
ARTL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.63
We found 1 important support area.
- A support zone ranging from 1.65 to 1.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @1.88 from a trend line in the daily time frame.
- A resistance zone ranging from 1.96 to 1.96. 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 ARTL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARTL is down. |
| ChartMill Relative Strength | 1.96 | NEGATIVE | ARTL has a low relative strength, it was outperformed by 98.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARTL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARTL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARTL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.22 | NEUTRAL | The RSI value for ARTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ARTL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.92 | NEUTRAL | The Stochastics value for ARTL is a neutral value. |
| Average True Range in percent/ATR (20) | 11.52 | HIGH VOLATILITY | The high ATR as a percentage value for ARTL suggests high volalility. |
| Average Directional Index/ADX (14) | 29.38 | POSITIVE | The high ADX value value for ARTL suggests a strong trend. |
1.705
-0.11 (-6.32%)
ARTELO BIOSCIENCES INC / ARTL FAQ
What is the ChartMill technical rating of ARTELO BIOSCIENCES INC (ARTL) stock?
ChartMill assigns a technical rating of 0 / 10 to ARTL.
What is the current trend direction of ARTELO BIOSCIENCES INC (ARTL) stock?
The current trend direction for ARTELO BIOSCIENCES INC (ARTL) is Bearish.
What is the RSI signal for ARTELO BIOSCIENCES INC (ARTL) stock?
ARTELO BIOSCIENCES INC (ARTL) has an RSI value of 37.2207. This indicates that the stock is currently neutral.
What is the short term momentum for ARTELO BIOSCIENCES INC (ARTL) stock?
The short term momentum for ARTELO BIOSCIENCES INC (ARTL) is negative.
What is the support and resistance level for ARTL stock?
ARTELO BIOSCIENCES INC (ARTL) has a support level at 1.67 and a resistance level at 1.88. Check the full technical report for our detailed analysis of ARTL support and resistance levels.