Artesian Resources Technical Analysis (NASDAQ:ARTNA)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Artesian Resources stock price data and volume are plotted in ARTNA stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Artesian Resources. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Artesian Resources stock analysis.
Artesian Resources Moving Average
Moving averages show the average price of ARTNA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $38.21 is above the last closing price of $37.09 and the 50 day moving average of $38.36 is above the last closing price of $37.09. The 10 and 20 day periods can predict short term moving average trends.
Artesian Resources Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Artesian Resources. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $37.09 is in the lower range of Artesian Resources bollinger bands.
Artesian Resources Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Artesian Resources MACD indicator can be used to identify bullish and bearish trends for the stock.
Artesian Resources Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 28.88 is the RSI value of ARTNA stock.