ART'S-WAY MANUFACTURING CO (ARTW) Stock Technical Analysis
NASDAQ:ARTW - Nasdaq - US0431681032 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ARTW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARTW is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ARTW did better than 98% of all other stocks.
ARTW is part of the Machinery industry. There are 128 other stocks in this industry. ARTW outperforms 97% of them.
ARTW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ARTW is lagging the market slightly.
In the last month ARTW has a been trading in the 2.05 - 4.17 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ARTW has an excellent technical rating, it does not offer a high quality setup 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
1.62
3.98
4 important support areas can be observed.
- A support zone ranging from 2.40 to 2.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.01 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.71 from a horizontal line in the daily time frame.
- Support @1.64 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for ARTW is up. |
| ChartMill Relative Strength | 98.02 | POSITIVE | ARTW has a high relative strength, it outperformed 98.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARTW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARTW is above the rising 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) | 71.67 | OVERBOUGHT | The high RSI value suggests ARTW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ARTW has a positive trend. |
| Stochastics (14,3) | 84.26 | OVERBOUGHT | The high Stochastics value suggests ARTW may be overbought. |
| Average True Range in percent/ATR (20) | 7.26 | HIGH VOLATILITY | The high ATR as a percentage value for ARTW suggests high volalility. |
| Average Directional Index/ADX (14) | 59.31 | POSITIVE | The high ADX value value for ARTW suggests a strong 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)
3.94
+0.26 (+7.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg7.07%
1 Week16.91%
2 Weeks29.61%
1 Month92.2%
3 Month123.15%
6 Month120.11%
12 Month175.54%
2 Year47.57%
3 Year58.87%
5 Year67.3%
10 Year-6.41%
15 Year-28.23%
Volatility
ATR(14)0.33
ATR(20)%7.26%
ATR Inc73.96%
Range Today0.5
ADR(20)0.28
ADR(20)%7.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.02
Mansfield9.22
10 Day High4.18
10 Day Low3.04
20 Day High4.18
20 Day Low2.05
52 Week High4.18
52 Week Low1.43
CS1 End2.4
CR1 StartN/A
Volume & EV
DER(3)8.14%
DER(5)11.23%
Volume51.30K
Volume Incr15.62%
Vol(5)71.82K
Vol(50)47.07K