NASDAQ:ARTX - Nasdaq -
We assign a technical rating of 7 out of 10 to ARTX. Although ARTX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ARTX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 3.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.99, a Stop Loss order could be placed below this zone.
2.56
We found 2 important support areas.
When analyzing the resistance we notice 2 important areas.
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 |
---|---|---|---|
3.02 | 2.97 | 0.05 (1.66%) | 25.00% |
An entry @3.02. This is a Buy Stop order right above the resistance zone. | An exit @2.97. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 1.66%. | For a 0.41% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NASDAQ:ARTX (12/18/2019, 8:00:01 PM)
2.995
0 (0%)