Arts Way Manufacturing Co Stock Technical Analysis

ARTW Stock  USD 1.99  0.04  2.05%   
As of the 24th of April, Arts Way shows the Risk Adjusted Performance of 0.0102, downside deviation of 3.37, and Mean Deviation of 2.2. Arts Way Manufacturing technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Arts Way Manufacturing Co, which can be compared to its peers. Please confirm Arts Way Manufacturing variance and potential upside to decide if Arts Way Manufacturing is priced correctly, providing market reflects its regular price of 1.99 per share. Please also double-check Arts Way Manufacturing Co total risk alpha, which is currently at (0.43) to validate the company can sustain itself at a future point.

Arts Way Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Arts, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Arts
  
Arts Way's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Arts Way technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Arts Way technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Arts Way trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Arts Way Manufacturing Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Arts Way Manufacturing volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Arts Way Manufacturing Trend Analysis

Use this graph to draw trend lines for Arts Way Manufacturing Co. You can use it to identify possible trend reversals for Arts Way as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Arts Way price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Arts Way Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Arts Way Manufacturing Co applied against its price change over selected period. The best fit line has a slop of   0.001  , which may suggest that Arts Way Manufacturing Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Arts Way price change compared to its average price change.

About Arts Way Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Arts Way Manufacturing Co on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Arts Way Manufacturing Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Arts Way Manufacturing price pattern first instead of the macroeconomic environment surrounding Arts Way Manufacturing. By analyzing Arts Way's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Arts Way's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Arts Way specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0460.0483
Price To Sales Ratio0.380.46

Arts Way April 24, 2024 Technical Indicators

Most technical analysis of Arts help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Arts from various momentum indicators to cycle indicators. When you analyze Arts charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Arts Way Manufacturing is a strong investment it is important to analyze Arts Way's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arts Way's future performance. For an informed investment choice regarding Arts Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arts Way Manufacturing Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Arts Way's price analysis, check to measure Arts Way's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arts Way is operating at the current time. Most of Arts Way's value examination focuses on studying past and present price action to predict the probability of Arts Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arts Way's price. Additionally, you may evaluate how the addition of Arts Way to your portfolios can decrease your overall portfolio volatility.
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Is Arts Way's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arts Way. If investors know Arts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arts Way listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.584
Revenue Per Share
5.768
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0152
Return On Equity
(0)
The market value of Arts Way Manufacturing is measured differently than its book value, which is the value of Arts that is recorded on the company's balance sheet. Investors also form their own opinion of Arts Way's value that differs from its market value or its book value, called intrinsic value, which is Arts Way's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arts Way's market value can be influenced by many factors that don't directly affect Arts Way's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arts Way's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arts Way is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arts Way's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.