ARGO BLOCKCHAIN PLC (ARBK)
US0401261047 - ADR
Overall ARBK gets a technical rating of 0 out of 10. ARBK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ARBK is a bad performer in the overall market: 81% of all stocks are doing better.
ARBK is part of the Software industry. There are 277 other stocks in this industry, of which 64% are performing better than ARBK.
ARBK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month ARBK has a been trading in the 1.27 - 1.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ARBK does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.30, a Stop Loss order could be placed below this zone.
More info and screens
1.28
1.53
We found 1 important support area.
- A support zone ranging from 1.29 to 1.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @1.51 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.71
Mansfield-2.16
10 Day High1.53
10 Day Low1.27
20 Day High1.66
20 Day Low1.27
52 Week High4.45
52 Week Low0.92
Performance
1 Week11.63%
2 Weeks5.88%
1 Month-5.26%
3 Month-43.08%
6 Month28.57%
12 Month21.01%
2 Year-77.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)48.8
LBB1.29
UBB1.47
ARGO BLOCKCHAIN PLC
NASDAQ:ARBK (5/17/2024, 7:00:01 PM)
After market: 1.4 -0.04 (-2.78%)1.44
+0.06 (+4.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg4.35%
1 Week11.63%
2 Weeks5.88%
1 Month-5.26%
3 Month-43.08%
6 Month28.57%
12 Month21.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%8.06%
ATR Inc
Range Today0.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.53
10 Day Low1.27
20 Day High1.66
20 Day Low1.27
52 Week High4.45
52 Week Low0.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume176.30K
Volume Incr16.28%
Vol(5)237.38K
Vol(50)396.51K