ARTESIAN RESOURCES CORP-CL A (ARTNA) Stock Technical Analysis
NASDAQ:ARTNA - Nasdaq - US0431132085 - Common Stock - Currency: USD
Taking everything into account, ARTNA scores 1 out of 10 in our technical rating. ARTNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
71% of all other stocks performed better in the past year than ARTNA.
ARTNA is one of the lesser performing stocks in the Water Utilities industry. 92% of 14 stocks in the same industry do better.
ARTNA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARTNA is lagging the market.
In the last month ARTNA has a been trading in the 29.97 - 33.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ARTNA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 31.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.38
34.79
We found 2 important support areas.
- A support zone ranging from 31.19 to 31.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.68 to 29.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 32.08 to 32.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.45 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.07
Mansfield-1.25
10 Day High33.24
10 Day Low29.97
20 Day High33.24
20 Day Low29.97
52 Week High41.29
52 Week Low29.45
Performance
1 Week-0.25%
2 Weeks2.5%
1 Month3.35%
3 Month-6.26%
6 Month-12%
12 Month-11.88%
2 Year-42.12%
3 Year-34.01%
5 Year-14.29%
10 Year49.79%
15 Year81.43%
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)0.03
RSI(14)54.43
LBB30.54
UBB32.92
32.04
+0.95 (+3.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg3.06%
1 Week-0.25%
2 Weeks2.5%
1 Month3.35%
3 Month-6.26%
6 Month-12%
12 Month-11.88%
2 Year-42.12%
3 Year-34.01%
5 Year-14.29%
10 Year49.79%
15 Year81.43%
Volatility
ATR(14)0.9
ATR(20)%2.63%
ATR Inc33.7%
Range Today0.8
ADR(20)0.77
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.07
Mansfield-1.25
10 Day High33.24
10 Day Low29.97
20 Day High33.24
20 Day Low29.97
52 Week High41.29
52 Week Low29.45
CS1 End31.99
CR1 Start32.08
Volume & EV
DER(3)1.16%
DER(5)-0.1%
Volume46.26K
Volume Incr127.71%
Vol(5)67.41K
Vol(50)41.78K