ARTIVA BIOTHERAPEUTICS INC (ARTV) Stock Technical Analysis
USA - NASDAQ:ARTV - US04317A1079 - Common Stock
3 USD
+0.1 (+3.45%)
2.94 USD
-0.06 (-2%)
Taking everything into account, ARTV scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ARTV was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ARTV is a bad performer in the overall market: 87% of all stocks are doing better.
ARTV is part of the Biotechnology industry. There are 536 other stocks in this industry, of which 66% are performing better than ARTV.
ARTV 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 ARTV has a been trading in the 2.22 - 3.08 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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ARTV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.94, a Stop Loss order could be placed below this zone.
More info and screens
2.48
3.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.94 to 2.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.85 to 2.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.50 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.01 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.11 from a trend line in the daily time frame.
- Resistance @3.27 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.60 to 3.60. 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 | DOWN | NEGATIVE | The long term trend for ARTV is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARTV is up. |
| ChartMill Relative Strength | 13.39 | NEGATIVE | ARTV has a low relative strength, it was outperformed by 86.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARTV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARTV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARTV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.36 | NEUTRAL | The RSI value for ARTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ARTV has a positive trend. |
| Stochastics (14,3) | 83.09 | OVERBOUGHT | The high Stochastics value suggests ARTV may be overbought. |
| Average True Range in percent/ATR (20) | 7.64 | HIGH VOLATILITY | The high ATR as a percentage value for ARTV suggests high volalility. |
| Average Directional Index/ADX (14) | 19.94 | NEGATIVE | The low ADX value for ARTV 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)
3
+0.1 (+3.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.45%
1 Week2.74%
2 Weeks4.17%
1 Month11.11%
3 Month47.06%
6 Month51.52%
12 Month-80.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%7.64%
ATR Inc-41.25%
Range Today0.14
ADR(20)0.23
ADR(20)%7.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.39
Mansfield-4.79
10 Day High3.08
10 Day Low2.8
20 Day High3.08
20 Day Low2.22
52 Week High15.49
52 Week Low1.47
CS1 End2.94
CR1 Start3.01
Volume & EV
DER(3)-14.65%
DER(5)-5.81%
Volume25.20K
Volume Incr-73.34%
Vol(5)30.22K
Vol(50)83.49K