ARTW Technical Analysis - ART'S-WAY MANUFACTURING CO

Technical Rating and Analysis

Taking everything into account, ARTW scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.

When comparing the yearly performance of all stocks, we notice that ARTW is one of the better performing stocks in the market, outperforming 91% of all stocks.

ARTW is part of the Machinery industry. There are 129 other stocks in this industry. ARTW outperforms 89% of them.

ARTW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARTW is lagging the market.

In the last month ARTW has a been trading in the 2.20 - 3.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

ART'S-WAY MANUFACTURING CO / ARTW Weekly stock chart

ART'S-WAY MANUFACTURING CO / ARTW Daily stock chart

Setup Rating and Analysis

ARTW has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

1.54

3.30

We found 4 important support areas.

Support @2.64 from a trend line in the weekly time frame.
Support @2.54 from a trend line in the daily time frame.
Support @2.49 from a horizontal line in the weekly time frame.
Support @1.56 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

Resistance @3.00 from a horizontal line in the weekly time frame.
Resistance @3.27 from a horizontal line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	UP	POSITIVE	The long term trend for ARTW is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ARTW is neutral.
ChartMill Relative Strength	91.21	POSITIVE	ARTW has a high relative strength, it outperformed 91.21% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of ARTW is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ARTW is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ARTW is above the rising SMA(200).
Relative Strength Index/RSI (14)	50.12	NEUTRAL	The RSI value for ARTW is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.06	POSITIVE	The MACD value suggests ARTW has a positive trend, although the MACD value is declining.
Stochastics (14,3)	65.64	NEUTRAL	The Stochastics value for ARTW is a neutral value.
Average True Range in percent/ATR (20)	8.44	HIGH VOLATILITY	The high ATR as a percentage value for ARTW suggests high volalility.
Average Directional Index/ADX (14)	18.36	NEGATIVE	The low ADX value for ARTW suggests a weak or negative trend.