Overall ARTNA gets a technical rating of 8 out of 10. Although ARTNA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: ARTNA has an average volume of 26222 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When compared to the yearly performance of all other stocks, ARTNA outperforms 55% 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 69% of them.
- 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 31.12 - 34.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ARTNA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 33.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.58, a Stop Loss order could be placed below this zone.
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.51 to 32.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.59 to 31.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.71 to 30.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 33.81 to 34.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ARTNA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARTNA is up. |
| ChartMill Relative Strength | 55.25 | NEUTRAL | ARTNA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARTNA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARTNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARTNA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.31 | NEUTRAL | The RSI value for ARTNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ARTNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.57 | NEUTRAL | The Stochastics value for ARTNA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for ARTNA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.75 | NEGATIVE | The low ADX value for ARTNA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.67 | 32.50 | 2.17 (6.26%) | 15.98% |
| An entry @34.67. This is a Buy Stop order right above the resistance zone. | An exit @32.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.17 points, which is 6.26%. | For a 1.00% total portfolio risk, you can invest 15.98% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
33.4
+0.4 (+1.21%)
ARTESIAN RESOURCES CORP-CL A / ARTNA FAQ
Can you provide the ChartMill technical rating for ARTESIAN RESOURCES CORP-CL A?
ChartMill assigns a technical rating of 8 / 10 to ARTNA.
What is the trend direction for ARTNA stock?
The current trend direction for ARTESIAN RESOURCES CORP-CL A (ARTNA) is Bullish.
What is the RSI signal for ARTESIAN RESOURCES CORP-CL A (ARTNA) stock?
ARTESIAN RESOURCES CORP-CL A (ARTNA) has an RSI value of 58.314. This indicates that the stock is currently neutral.
What is the short term momentum for ARTNA stock?
The short term momentum for ARTESIAN RESOURCES CORP-CL A (ARTNA) is positive.
What is the buy/sell signal for ARTNA stock?
The buy/sell signal for ARTESIAN RESOURCES CORP-CL A (ARTNA) is buy as both the short term and long term trends are positive.