ARTESIAN RESOURCES CORP-CL A (ARTNA) Stock Technical Analysis
USA - NASDAQ:ARTNA - US0431132085 - Common Stock
We assign a technical rating of 1 out of 10 to ARTNA. ARTNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ARTNA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 31.97, a Stop Loss order could be placed below this zone.
More info and screens
31.54
When analyzing the support we notice one important area.
- A support zone ranging from 31.86 to 31.97. 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 32.54 to 33.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 34.49 to 34.67. 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 | NEUTRAL | NEUTRAL | The long term trend for ARTNA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARTNA is down. |
| ChartMill Relative Strength | 28.87 | NEGATIVE | ARTNA has a low relative strength, it was outperformed by 71.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARTNA is below the rising 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) | UP | MIXED | The current price of ARTNA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.28 | NEUTRAL | The RSI value for ARTNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests ARTNA has a negative trend. |
| Stochastics (14,3) | 18.79 | OVERSOLD | The low Stochastics value suggests ARTNA may be oversold. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for ARTNA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for ARTNA suggests a weak or negative trend. |
32.23
-0.08 (-0.25%)
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 1 / 10 to ARTNA.
What is the current trend direction of ARTESIAN RESOURCES CORP-CL A (ARTNA) stock?
The current trend direction for ARTESIAN RESOURCES CORP-CL A (ARTNA) is Bearish.
What is the RSI signal for ARTESIAN RESOURCES CORP-CL A (ARTNA) stock?
ARTESIAN RESOURCES CORP-CL A (ARTNA) has an RSI value of 42.2818. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARTESIAN RESOURCES CORP-CL A?
The short term momentum for ARTESIAN RESOURCES CORP-CL A (ARTNA) is negative.
What is the support and resistance level for ARTNA stock?
ARTESIAN RESOURCES CORP-CL A (ARTNA) has a support level at 31.97 and a resistance level at 32.54. Check the full technical report for our detailed analysis of ARTNA support and resistance levels.