ARTELO BIOSCIENCES INC (ARTL) Stock Technical Analysis
USA - NASDAQ:ARTL - US04301G6070 - Common Stock
Overall ARTL gets a technical rating of 0 out of 10. 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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.84
When analyzing the resistance we notice one important area.
- Resistance @3.41 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 ARTL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARTL is down. |
| ChartMill Relative Strength | 0.79 | NEGATIVE | ARTL has a low relative strength, it was outperformed by 99.21% 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) | 19.11 | OVERSOLD | The low RSI value suggests ARTL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ARTL has a negative trend. |
| Stochastics (14,3) | 2.43 | OVERSOLD | The low Stochastics value suggests ARTL may be oversold. |
| Average True Range in percent/ATR (20) | 21.88 | HIGH VOLATILITY | The high ATR as a percentage value for ARTL suggests high volalility. |
| Average Directional Index/ADX (14) | 35.33 | POSITIVE | The high ADX value value for ARTL suggests a strong trend. |
1.86
-1.14 (-38%)
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 19.1063. This indicates that the stock is currently oversold.
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 resistance level at 3.41. Check the full technical report for our detailed analysis of ARTL support and resistance levels.