Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Wednesday June 26, 2019 Change 2.73% Price $2.19
Chart period: 2019-03-27 - 2019-06-26
VOLUME
Sell
TREND
Hold
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will ARTW stock price go up or down on Thu, 27 Jun 2019?

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Art Forecast and Stock Analysis

Technical ARTW stock analysis for Wednesday June 26, 2019.

Buy candidate since 2019-06-24 Gain 4.08%


Art gained 2.73% in the last trading day ( Wednesday, 26th Jun 2019 ), rising from $2.13 to $2.19 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 8.96% from a day low at $2.01 to a day high of $2.19. The price has risen in 5 of the last 10 days and is up by 6.83% over the past 2 weeks. Volume fell in the last day by -28 254 shares, and in total, 6 554 shares bought and sold for approximately $14 353.30. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the ARTW stock price was $2.25 and low was $1.98.
  • 90 day high was $2.37 and low was $1.91.
  • 52 week high for the Art - $3.81 and low - $1.85.

Trend

Given the current horizontal trend you can expect Art with 90% probability to be traded between $1.91 and $2.25 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

Art holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $2.10 and $2.10. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday June 21, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

The stock had a Golden Star Signal* on Monday April 15, 2019 in the medium-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 54 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 $2.16.

Support: $2.16 Price: $2.19 Resistance: $2.21

Risk

In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

Our recommended stoploss: $2.11 (-3.66%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)

5.92 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Will ARTW stock price go up or down on Thu, 27 Jun 2019?

Predict

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