ARTESIAN RESOURCES CORP-CL A (ARTNA) Stock Technical Analysis
NASDAQ:ARTNA - Nasdaq - US0431132085 - Common Stock - Currency: USD
Taking everything into account, ARTNA scores 8 out of 10 in our technical rating. In the last year, ARTNA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
ARTNA is part of the Water Utilities industry. There are 14 other stocks in this industry, of which 76% are performing better than ARTNA.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ARTNA has a been trading in the 30.50 - 35.06 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ARTNA is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ARTNA is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so ARTNA is still doing slightly better than the market.
Besides having an excellent technical rating, ARTNA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.61, a Stop Loss order could be placed below this zone.
More info and screens
29.37
35.17
We found 5 important support areas.
- A support zone ranging from 34.60 to 34.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.15 to 32.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.09 to 31.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @30.35 from a horizontal line in the daily time frame.
- A support zone ranging from 29.67 to 29.70. 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 34.71 to 34.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.94
Mansfield0.66
10 Day High35.06
10 Day Low30.79
20 Day High35.06
20 Day Low30.5
52 Week High41.29
52 Week Low29.45
Performance
1 Week4.71%
2 Weeks4.15%
1 Month10.52%
3 Month12.61%
6 Month-2.34%
12 Month-0.6%
2 Year-36.73%
3 Year-25.46%
5 Year0.38%
10 Year60.91%
15 Year83%
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)0.24
RSI(14)64.3
LBB31.22
UBB35.12
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 |
|---|---|---|---|
| 34.83 | 34.59 | 0.24 (0.69%) | 25.00% |
| An entry @34.83. This is a Buy Stop order right above the resistance zone. | An exit @34.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.24 points, which is 0.69%. | For a 0.17% 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 ARTNA. 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.
NASDAQ:ARTNA (4/21/2025, 4:05:09 PM)
34.68
+0.02 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg0.06%
1 Week4.71%
2 Weeks4.15%
1 Month10.52%
3 Month12.61%
6 Month-2.34%
12 Month-0.6%
2 Year-36.73%
3 Year-25.46%
5 Year0.38%
10 Year60.91%
15 Year83%
Volatility
ATR(14)1.17
ATR(20)%3.32%
ATR Inc-34.97%
Range Today0.97
ADR(20)1.12
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.94
Mansfield0.66
10 Day High35.06
10 Day Low30.79
20 Day High35.06
20 Day Low30.5
52 Week High41.29
52 Week Low29.45
CS1 End34.61
CR1 Start34.67
Volume & EV
DER(3)-0.05%
DER(5)0.48%
Volume26.01K
Volume Incr-45.7%
Vol(5)31.00K
Vol(50)44.82K