Taking everything into account, ACGL scores 8 out of 10 in our technical rating. Although ACGL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, ACGL also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 94.88, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
83.87
4 important support areas can be observed.
- A support zone ranging from 92.73 to 94.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 89.79 to 91.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @88.13 from a horizontal line in the weekly time frame.
- A support zone ranging from 84.72 to 86.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 95.31 to 97.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ACGL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACGL is up. |
| ChartMill Relative Strength | 48.69 | NEUTRAL | ACGL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ACGL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACGL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACGL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.78 | NEUTRAL | The RSI value for ACGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests ACGL has a negative trend. |
| Stochastics (14,3) | 60.18 | NEUTRAL | The Stochastics value for ACGL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for ACGL suggests low volalility. |
| Average Directional Index/ADX (14) | 21.43 | NEUTRAL | The ADX value for ACGL suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 97.13 | 92.72 | 4.41 (4.54%) | 22.02% |
| An entry @97.13. This is a Buy Stop order right above the resistance zone. | An exit @92.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.41 points, which is 4.54%. | When investing 22.02% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
95.18
-1.2 (-1.25%)
ARCH CAPITAL GROUP LTD / ACGL FAQ
What is the technical rating for ACGL stock?
ChartMill assigns a technical rating of 8 / 10 to ACGL.
Can you provide the trend direction for ARCH CAPITAL GROUP LTD?
The current trend direction for ARCH CAPITAL GROUP LTD (ACGL) is Bullish.
What is the RSI signal for ARCH CAPITAL GROUP LTD (ACGL) stock?
ARCH CAPITAL GROUP LTD (ACGL) has an RSI value of 52.7819. This indicates that the stock is currently neutral.
What is the MACD signal for ACGL stock?
The MACD indicator for ARCH CAPITAL GROUP LTD (ACGL) has a value of -0.245311, indicating a bearish trend.
What are the support and resistance levels for ARCH CAPITAL GROUP LTD (ACGL) stock?
ARCH CAPITAL GROUP LTD (ACGL) has a support level at 94.88 and a resistance level at 95.31. Check the full technical report for our detailed analysis of ACGL support and resistance levels.