February 21, 2019
Change -5.33%
Chart period: 2018-11-23 - 2019-02-21
VOLUME
Sell
TREND
Sell

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will ARTW stock price go up or down on Fri, 22 Feb 2019?

Art Forecast and Stock Analysis

Technical ARTW stock analysis for February 21, 2019.

Hold candidate since 2019-02-19 Loss -19.92%
Shorts n/a
Cash n/a
Loans n/a
Beta 0.88
ROA -14.82

Art fell by -5.33% in the last day from $2.25 to $2.13 and has now fallen 3 days in a row. The price has fallen in 5 of the last 10 days , but is still up by 9.23% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -311 970 shares and in total 133 930 shares bought and sold for approximately $285 271.00.

Close price at the end of the last trading day (Thursday, 21st Feb 2019) of the ARTW stock was $2.13. This is 5.33% less than the trading day before Wednesday, 20th Feb 2019.

During day the stock fluctuated 9.27% from a day low at $2.05 to a day high of $2.24.

30 day high of the ARTW stock price was $3.81 and low was $1.85.
90 day high was $3.81 and low was $1.85.
52 week high for the Art - $5.45 and low - $1.85.

Trend

Art lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -11.86% during the next 3 months and, with 90% probability hold a price between $1.52 and $2.33 at the end of this period.

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Signals

Art holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $2.11 and $2.01. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday February 19, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

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Relative Strength Index (RSI)

RSI14 is 57 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Art finds support from accumulated volume at $2.11.

Support: $2.11 Price: $2.13 Resistance: $2.25

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.19 between high and low, or 9.27%. For the last week the stock has had a daily average volatility of 17.17%.

Our recommended stoploss: $1.98 (-6.91%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Art holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development.

Previous Hold Today ARTW ranks #2834 as HOLD CANDIDATE. Next Hold
Today ARTW ranks #2834 as HOLD CANDIDATE.