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ARTESIAN RESOURCES
ARTESIAN RESOURCES
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ARTNA
ISIN:

ARTESIAN RESOURCES - Daily - Technical analysis published on 09/12/2019 (GMT)

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Londinia
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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 37.00 USD
My targets
37.58 USD (+0.83%)
38.25 USD (+2.63%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ARTESIAN RESOURCES as long as the price remains well above 37.00 USD. The buyers” bullish objective is set at 37.58 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 38.25 USD. If there is any crossing, the next objective would be the resistance located at 39.28 USD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
6.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

ARTESIAN RESOURCES rating 37.27 USD. The price has increased by +3.41% since the last closing and was between 35.87 USD and 37.37 USD. This implies that the price is at +3.90% from its lowest and at -0.27% from its highest.

35.87
37.37
37.27

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ARTESIAN RESOURCES:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this ARTESIAN RESOURCES chart shows a bullish trend. 75% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


MACD indicator is back over 0

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 34.86 36.38 37.00 37.27 37.58 38.25 39.28
Change (%) -6.47% -2.39% -0.72% - +0.83% +2.63% +5.39%
Change -2.41 -0.89 -0.27 - +0.31 +0.98 +2.01
Level Major Minor Intermediate - Minor Intermediate Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard34.2434.7935.4235.9736.6037.1537.78
Camarilla35.7235.8235.9336.0436.1536.2636.36
Woodie34.2734.8135.4535.9936.6337.1737.81
Fibonacci34.7935.2435.5235.9736.4236.7037.15


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.8734.6335.0235.7936.1836.9537.34
Camarilla35.1035.2135.3135.4235.5335.6335.74
Woodie33.6834.5434.8435.7036.0036.8537.16
Fibonacci34.6335.0735.3435.7936.2336.5036.95


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard32.6533.6835.0436.0737.4338.4639.82
Camarilla35.7435.9636.1836.4036.6236.8437.06
Woodie32.8233.7635.2136.1537.6038.5439.99
Fibonacci33.6834.5935.1636.0736.9837.5538.46

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 59.71
MACD (12,26,9): 0.0800
Directional Movement: 11.00
AROON (14): 14.29
DEMA (21): 36.14
Parabolic SAR (0,02-0,02-0,2): 35.23
Elder Ray (13): 0.51
Super Trend (3,10): 34.74
Zig ZAG (10): 37.27
VORTEX (21): 1.0000
Stochastique (14,3,5): 54.41
TEMA (21): 36.24
Williams %R (14): -4.67
Chande Momentum Oscillator (20): 1.76
Repulse (5,40,3): 4.4900
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.89
MA7: 36.00
MA20: 36.10
MA50: 35.97
MA100: 36.16
MAexp7: 36.21
MAexp20: 36.06
MAexp50: 36.07
MAexp100: 36.21
Price / MA7: +3.53%
Price / MA20: +3.24%
Price / MA50: +3.61%
Price / MA100: +3.07%
Price / MAexp7: +2.93%
Price / MAexp20: +3.36%
Price / MAexp50: +3.33%
Price / MAexp100: +2.93%

News


The latest news and videos published on ARTESIAN RESOURCES at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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