ISHARES FUTURE AI & TECH ETF (ARTY) Stock Technical Analysis
NYSEARCA:ARTY • US46435U5561
We assign a technical rating of 8 out of 10 to ARTY. 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.
- Looking at the yearly performance, ARTY did better than 79% of all other stocks. We also observe that the gains produced by ARTY over the past year are nicely spread over this period.
- ARTY 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 ARTY is lagging the market slightly.
- In the last month ARTY has a been trading in the 47.28 - 54.79 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ARTY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
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43.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 50.99 to 51.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.13 to 48.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @46.87 from a trend line in the weekly time frame.
- A support zone ranging from 44.22 to 45.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 51.43 to 52.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ARTY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARTY is neutral. |
| ChartMill Relative Strength | 79.73 | POSITIVE | ARTY has a high relative strength, it outperformed 79.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARTY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARTY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.79 | NEUTRAL | The RSI value for ARTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ARTY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.02 | NEUTRAL | The Stochastics value for ARTY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ARTY suggests some volalility. |
| Average Directional Index/ADX (14) | 11.93 | NEGATIVE | The low ADX value for ARTY suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 52.17 | 50.98 | 1.19 (2.28%) | 25.00% |
| An entry @52.17. This is a Buy Stop order right above the resistance zone. | An exit @50.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.19 points, which is 2.28%. | For a 0.57% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ARTY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
51.25
+0.16 (+0.31%)
ISHARES FUTURE AI & TECH ETF / ARTY FAQ
What is the technical rating for ARTY stock?
ChartMill assigns a technical rating of 8 / 10 to ARTY.
What is the trend direction for ARTY stock?
The current trend direction for ISHARES FUTURE AI & TECH ETF (ARTY) is Bullish.
What is the RSI signal for ISHARES FUTURE AI & TECH ETF (ARTY) stock?
ISHARES FUTURE AI & TECH ETF (ARTY) has an RSI value of 51.7857. This indicates that the stock is currently neutral.
What is the short term momentum for ARTY stock?
The short term momentum for ISHARES FUTURE AI & TECH ETF (ARTY) is neutral.
What are the support and resistance levels for ISHARES FUTURE AI & TECH ETF (ARTY) stock?
ISHARES FUTURE AI & TECH ETF (ARTY) has a support level at 51.17 and a resistance level at 51.43. Check the full technical report for our detailed analysis of ARTY support and resistance levels.