ARCH CAPITAL GROUP LTD (ACGL) Stock Technical Analysis
NASDAQ:ACGL - Nasdaq - BMG0450A1053 - Common Stock - Currency: USD
Taking everything into account, ACGL scores 0 out of 10 in our technical rating. ACGL'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ACGL is a bad performer in the overall market: 82% of all stocks are doing better.
ACGL is part of the Insurance industry. There are 145 other stocks in this industry, of which 75% are performing better than ACGL.
ACGL 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.
In the last month ACGL has a been trading in the 86.54 - 91.96 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ACGL has an average volume of 1937340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, ACGL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 87.83, a Stop Loss order could be placed below this zone.
More info and screens
86.95
97.91
We found 1 important support area.
- Support @87.83 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 88.71 to 92.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 95.51 to 96.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ACGL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACGL is down. |
| ChartMill Relative Strength | 18.57 | NEGATIVE | ACGL has a low relative strength, it was outperformed by 81.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACGL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACGL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACGL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.27 | NEUTRAL | The RSI value for ACGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ACGL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.73 | NEUTRAL | The Stochastics value for ACGL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for ACGL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.55 | NEGATIVE | The low ADX value for ACGL suggests a weak or negative trend. |
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)
88.35
-0.31 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.35%
1 Week0.58%
2 Weeks-0.94%
1 Month-2.16%
3 Month-4.56%
6 Month-7.5%
12 Month-8.06%
2 Year13.72%
3 Year98.99%
5 Year187.32%
10 Year271.43%
15 Year238.68%
Volatility
ATR(14)1.94
ATR(20)%2.05%
ATR Inc-40.26%
Range Today0.97
ADR(20)1.77
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.57
Mansfield-1.62
10 Day High91.42
10 Day Low86.54
20 Day High91.96
20 Day Low86.54
52 Week High116.47
52 Week Low82.49
CS1 End87.83
CR1 Start88.71
Volume & EV
DER(3)0.25%
DER(5)-0.14%
Volume6.50M
Volume Incr64.17%
Vol(5)3.56M
Vol(50)1.94M