ARTESIAN RESOURCES CORP-CL A (ARTNA)

US0431132085 - Common Stock

37.32  +0.62 (+1.69%)

After market: 37.32 0 (0%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to ARTNA. In the past year, ARTNA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

83% of all other stocks performed better in the past year than ARTNA.
ARTNA is one of the lesser performing stocks in the Water Utilities industry. 69% of 14 stocks in the same industry do better.
ARTNA 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 ARTNA is lagging the market.
In the last month ARTNA has a been trading in the 33.42 - 37.41 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ARTNA Weekly chart
ARTNA Daily chart
Setup Rating and Analysis

2

The technical rating of ARTNA is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

33.37

40.07

When analyzing the support we can see 3 important areas.

  • Support @37.23 from a horizontal line in the daily time frame.
  • A support zone ranging from 35.11 to 35.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 33.71 to 34.30. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 37.33 to 37.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @38.20 from a horizontal line in the daily time frame.
  • Resistance @39.67 from a trend 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
CRS17.66
Mansfield-2.08
10 Day High37.41
10 Day Low34.11
20 Day High37.41
20 Day Low33.42
52 Week High55.98
52 Week Low33.42
Performance
1 Week8.17%
2 Weeks7.03%
1 Month5.54%
3 Month3.38%
6 Month-11.42%
12 Month-32.64%
2 Year-23.96%
3 Year-9.51%
5 Year4.8%
10 Year66.76%
15 Year135.01%
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)0.31
RSI(14)64.94
LBB33.21
UBB36.96
ARTNA Daily chart

ARTESIAN RESOURCES CORP-CL A

NASDAQ:ARTNA (5/3/2024, 7:00:01 PM)

After market: 37.32 0 (0%)

37.32

+0.62 (+1.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg1.69%
1 Week8.17%
2 Weeks7.03%
1 Month5.54%
3 Month3.38%
6 Month-11.42%
12 Month-32.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.8
ATR(20)%2.46%
ATR Inc
Range Today0.69
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 High37.41
10 Day Low34.11
20 Day High37.41
20 Day Low33.42
52 Week High55.98
52 Week Low33.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume20.00K
Volume Incr-22.12%
Vol(5)26.50K
Vol(50)37.95K