ARTESIAN RESOURCES CORP-CL A (ARTNA) Technical Analysis
NASDAQ:ARTNA • US0431132085
Current stock price
ARTNA Technical Rating and Analysis
Overall ARTNA gets a technical rating of 2 out of 10. ARTNA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month ARTNA has a been trading in the 30.50 - 33.97 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, ARTNA outperforms 42% of them, which is more or less in line with the market.
- ARTNA is part of the Water Utilities industry. There are 14 other stocks in this industry, ARTNA did better than 46% of them.
- ARTNA 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 ARTNA is lagging the market slightly.
ARTNA Weekly and Daily overview Charts
ARTNA Setup Rating and Analysis
Although the technical rating is bad, ARTNA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 32.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.88, a Stop Loss order could be placed below this zone.
More info and screens
ARTNA Support and Resistance Analysis
30.20
We found 1 important support area.
- A support zone ranging from 30.50 to 30.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.19 to 33.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.84 to 34.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.66 to 34.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
ARTNA Technical Indicator Signal Analysis
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 ARTNA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARTNA is neutral. |
| ChartMill Relative Strength | 42.12 | NEUTRAL | ARTNA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ARTNA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARTNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARTNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.69 | NEUTRAL | The RSI value for ARTNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ARTNA has a positive trend. |
| Stochastics (14,3) | 68.21 | NEUTRAL | The Stochastics value for ARTNA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for ARTNA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.4 | NEUTRAL | The ADX value for ARTNA suggests a possible start of a new trend. |
ARTNA Chart- and CandleStick Pattern Analysis
ARTNA Technicals: Chart, Performance Metrics, Trend & Indicators
32.19
-0.12 (-0.37%)
ARTESIAN RESOURCES CORP-CL A / ARTNA TA FAQ
Can you provide the ChartMill technical rating for ARTESIAN RESOURCES CORP-CL A?
ChartMill assigns a technical rating of 2 / 10 to ARTNA.
What is the trend direction for ARTNA stock?
The current trend direction for ARTESIAN RESOURCES CORP-CL A (ARTNA) is Bearish.
Can you provide the RSI signal for ARTESIAN RESOURCES CORP-CL A?
ARTESIAN RESOURCES CORP-CL A (ARTNA) has an RSI value of 48.6947. This indicates that the stock is currently neutral.
What is the MACD signal for ARTESIAN RESOURCES CORP-CL A (ARTNA) stock?
The MACD indicator for ARTESIAN RESOURCES CORP-CL A (ARTNA) has a value of 0.0947485, indicating a bearish trend.
What is the short term momentum for ARTESIAN RESOURCES CORP-CL A (ARTNA) stock?
The short term momentum for ARTESIAN RESOURCES CORP-CL A (ARTNA) is neutral.