ARTELO BIOSCIENCES INC (ARTL) Stock Technical Analysis
NASDAQ:ARTL - Nasdaq - US04301G5080 - Common Stock - Currency: USD
Taking everything into account, ARTL scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ARTL was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ARTL is a bad performer in the overall market: 69% of all stocks are doing better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ARTL has a been trading in the 0.90 - 1.14 range, which is quite wide. It is currently trading near the high of this range.
ARTL is an average performer in the Pharmaceuticals industry, it outperforms 60% of 195 stocks in the same industry.
ARTL is currently trading in the middle 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 slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ARTL has an average technical rating and the quality of the presented setup is also not ideal 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
0.92
1.27
3 important support areas can be observed.
- Support @1.04 from a horizontal line in the daily time frame.
- Support @0.95 from a horizontal line in the daily time frame.
- Support @0.93 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.13 from a horizontal line in the daily time frame.
- Resistance @1.16 from a horizontal line in the daily time frame.
- Resistance @1.22 from a trend line in the weekly time frame.
- Resistance @1.26 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ARTL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARTL is up. |
| ChartMill Relative Strength | 31.52 | NEUTRAL | ARTL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARTL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARTL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ARTL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.42 | NEUTRAL | The RSI value for ARTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ARTL has a positive trend. |
| Stochastics (14,3) | 65.02 | NEUTRAL | The Stochastics value for ARTL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for ARTL suggests high volalility. |
| Average Directional Index/ADX (14) | 41.52 | POSITIVE | The high ADX value value for ARTL 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)
NASDAQ:ARTL (6/3/2025, 11:06:36 AM)
1.11
+0.01 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.91%
1 Week15.46%
2 Weeks19.57%
1 Month7.84%
3 Month10%
6 Month-10.28%
12 Month-21.33%
2 Year-44.72%
3 Year-76.85%
5 Year-93.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.61%
ATR Inc91.26%
Range Today0.05
ADR(20)0.06
ADR(20)%5.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.52
Mansfield-0.68
10 Day High1.14
10 Day Low0.9
20 Day High1.14
20 Day Low0.9
52 Week High1.55
52 Week Low0.82
CS1 End1.04
CR1 Start1.13
Volume & EV
DER(3)-1.45%
DER(5)1.09%
Volume11.14K
Volume Incr373.06%
Vol(5)122.12K
Vol(50)511.55K