ARTESIAN RESOURCES CORP-CL A (ARTNA) Technical Analysis
NASDAQ:ARTNA • US0431132085
Current stock price
ARTNA Technical Rating and Analysis
We assign a technical rating of 0 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 79% 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. 61% of 14 stocks in the same industry do better.
- ARTNA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ARTNA has a been trading in the 30.89 - 33.56 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
ARTNA Weekly and Daily overview Charts
ARTNA Setup Rating and Analysis
ARTNA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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
29.41
2 important support areas can be observed.
- 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.
- Support @29.71 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 31.91 to 33.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.81 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 | DOWN | NEGATIVE | The long term trend for ARTNA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARTNA is down. |
| ChartMill Relative Strength | 21.55 | NEGATIVE | ARTNA has a low relative strength, it was outperformed by 78.45% 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 | NEGATIVE | The current price of ARTNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.2 | NEUTRAL | The RSI value for ARTNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ARTNA has a negative trend. |
| Stochastics (14,3) | 13.67 | OVERSOLD | The low Stochastics value suggests ARTNA may be oversold. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ARTNA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.67 | NEGATIVE | The low ADX value for ARTNA suggests a weak or negative trend. |
ARTNA Chart- and CandleStick Pattern Analysis
ARTNA Technicals: Chart, Performance Metrics, Trend & Indicators
31.31
-0.1 (-0.32%)
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 0 / 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 40.1978. 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 -0.0940529, 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 negative.