Taking everything into account, ARTL scores 0 out of 10 in our technical rating. 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.
The technical rating of ARTL is bad and it also does not present a quality setup 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
1.41
We found 1 important resistance area.
- Resistance @1.61 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 ARTL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARTL is down. |
| ChartMill Relative Strength | 1.58 | NEGATIVE | ARTL has a low relative strength, it was outperformed by 98.42% 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) | 41.45 | NEUTRAL | The RSI value for ARTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ARTL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.99 | NEUTRAL | The Stochastics value for ARTL is a neutral value. |
| Average True Range in percent/ATR (20) | 11.51 | HIGH VOLATILITY | The high ATR as a percentage value for ARTL suggests high volalility. |
| Average Directional Index/ADX (14) | 27.81 | POSITIVE | The high ADX value value for ARTL suggests a strong trend. |
1.42
-0.18 (-11.25%)
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.
Can you provide the trend direction for ARTELO BIOSCIENCES INC?
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 41.4468. This indicates that the stock is currently neutral.
What is the MACD signal for ARTL stock?
The MACD indicator for ARTELO BIOSCIENCES INC (ARTL) has a value of 0.0396628, indicating a bearish trend.
What is the short term momentum for ARTELO BIOSCIENCES INC (ARTL) stock?
The short term momentum for ARTELO BIOSCIENCES INC (ARTL) is negative.