ARTELO BIOSCIENCES INC (ARTL)

US04301G5080 - Common Stock

1.35  +0.05 (+3.85%)

Technical Rating and Analysis

0

Taking everything into account, ARTL scores 0 out of 10 in our technical rating. ARTL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
78% of all other stocks performed better in the past year than ARTL.
ARTL 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 ARTL is lagging the market.
In the last month ARTL has a been trading in the 1.25 - 1.60 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ARTL has an average volume of 13620 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ARTL is an average performer in the Pharmaceuticals industry, it outperforms 49% of 198 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ARTL Weekly chart
ARTL Daily chart
Setup Rating and Analysis

7

ARTL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ARTL 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.
Support and Resistance Analysis

1.28

1.74

When analyzing the support we notice one important area.

  • A support zone ranging from 1.29 to 1.30. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 1.39 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 1.44 to 1.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 1.55 to 1.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Resistance @1.72 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.88
Mansfield-2.14
10 Day High1.39
10 Day Low1.26
20 Day High1.6
20 Day Low1.25
52 Week High2.98
52 Week Low1.15
Performance
1 Week2.99%
2 Weeks7.81%
1 Month-9.86%
3 Month0.73%
6 Month3.76%
12 Month-17.86%
2 Year-72.21%
3 Year-92.58%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)47.31
LBB1.25
UBB1.44
ARTL Daily chart

ARTELO BIOSCIENCES INC

NASDAQ:ARTL (5/3/2024, 2:58:02 PM)

1.35

+0.05 (+3.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.85%
1 Week2.99%
2 Weeks7.81%
1 Month-9.86%
3 Month0.73%
6 Month3.76%
12 Month-17.86%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%5.84%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.39
10 Day Low1.26
20 Day High1.6
20 Day Low1.25
52 Week High2.98
52 Week Low1.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.33K
Volume Incr-7.54%
Vol(5)8.22K
Vol(50)13.62K