ARTELO BIOSCIENCES INC (ARTL)

US04301G5080 - Common Stock

0.9476  +0 (+0.17%)

After market: 0.95 +0 (+0.25%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ARTL. ARTL 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.
When comparing the yearly performance of all stocks, ARTL is a bad performer in the overall market: 85% of all stocks are doing better.
ARTL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ARTL is lagging the market.
In the last month ARTL has a been trading in the 0.91 - 1.27 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ARTL is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, ARTL did better than 46% of them.
Weekly and Daily overview Charts
ARTL Weekly chart
ARTL Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, ARTL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for ARTL in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.94

1.32

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 1.25 to 1.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 1.31 to 1.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.83
Mansfield-3.51
10 Day High1.24
10 Day Low0.91
20 Day High1.27
20 Day Low0.91
52 Week High1.75
52 Week Low0.91
Performance
1 Week-14.63%
2 Weeks-22.71%
1 Month-16.14%
3 Month-10.6%
6 Month-26.54%
12 Month-29.81%
2 Year-67.21%
3 Year-87.83%
5 Year-97.66%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)35.28
LBB0.92
UBB1.24
ARTL Daily chart

ARTELO BIOSCIENCES INC

NASDAQ:ARTL (12/20/2024, 8:00:01 PM)

After market: 0.95 +0 (+0.25%)

0.9476

+0 (+0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.17%
1 Week-14.63%
2 Weeks-22.71%
1 Month-16.14%
3 Month-10.6%
6 Month-26.54%
12 Month-29.81%
2 Year-67.21%
3 Year-87.83%
5 Year-97.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%9.22%
ATR Inc-56.92%
Range Today0.04
ADR(20)0.09
ADR(20)%9.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.83
Mansfield-3.51
10 Day High1.24
10 Day Low0.91
20 Day High1.27
20 Day Low0.91
52 Week High1.75
52 Week Low0.91
CS1 EndN/A
CR1 Start1.2
Volume & EV
DER(3)6.21%
DER(5)3.81%
Volume35.30K
Volume Incr-37.18%
Vol(5)32.88K
Vol(50)34.17K