ARTESIAN RESOURCES CORP-CL A (ARTNA) Stock Technical Analysis
NASDAQ:ARTNA - Nasdaq - US0431132085 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ARTNA. ARTNA'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.
When comparing the yearly performance of all stocks, ARTNA is a bad performer in the overall market: 80% of all stocks are doing better.
ARTNA is one of the lesser performing stocks in the Water Utilities industry. 61% of 14 stocks in the same industry do better.
Warning: ARTNA has an average volume of 29222 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ARTNA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARTNA is lagging the market.
In the last month ARTNA has a been trading in the 32.25 - 34.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ARTNA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 32.90, a Stop Loss order could be placed below this zone.
More info and screens
31.54
35.89
2 important support areas can be observed.
- A support zone ranging from 32.54 to 32.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @31.86 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 33.18 to 33.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.67 to 34.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.53 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 | 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 | 20.69 | NEGATIVE | ARTNA has a low relative strength, it was outperformed by 79.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARTNA is below 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 | MIXED | The current price of ARTNA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.66 | NEUTRAL | The RSI value for ARTNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ARTNA has a positive trend. |
| Stochastics (14,3) | 41.54 | NEUTRAL | The Stochastics value for ARTNA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for ARTNA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.74 | NEGATIVE | The low ADX value for ARTNA suggests a weak or negative 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)
33.17
-0.03 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg-0.09%
1 Week0.15%
2 Weeks-1.22%
1 Month-1.16%
3 Month-3.86%
6 Month9.29%
12 Month-9.79%
2 Year-28.14%
3 Year-39.28%
5 Year-5.74%
10 Year50.84%
15 Year85.2%
Volatility
ATR(14)0.75
ATR(20)%2.07%
ATR Inc91.13%
Range Today0.98
ADR(20)0.67
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.69
Mansfield-0.9
10 Day High33.98
10 Day Low32.25
20 Day High34.38
20 Day Low32.25
52 Week High38.94
52 Week Low29.45
CS1 End32.9
CR1 Start33.18
Volume & EV
DER(3)2.52%
DER(5)1.09%
Volume31.90K
Volume Incr15.85%
Vol(5)33.76K
Vol(50)29.22K