ARCH CAPITAL GROUP LTD (ACGL) Technical Analysis
NASDAQ:ACGL • BMG0450A1053
Current stock price
ACGL Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to ACGL. In the last year, ACGL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- ACGL is part of the Insurance industry. There are 147 other stocks in this industry. ACGL outperforms 74% of them.
- In the last month ACGL has a been trading in the 91.43 - 97.68 range, which is quite wide. It is currently trading near the high of this range.
- ACGL has an average volume of 1889000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, ACGL turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- ACGL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACGL is lagging the market slightly.
ACGL Weekly and Daily overview Charts
ACGL Setup Rating and Analysis
ACGL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 96.45, a Stop Loss order could be placed below this zone.
More info and screens
ACGL Support and Resistance Analysis
83.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 91.17 to 96.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 can see 2 important resistance areas.
- Resistance @99.36 from a trend line in the weekly time frame.
- A resistance zone ranging from 100.95 to 101.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
ACGL Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ACGL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACGL is up. |
| ChartMill Relative Strength | 51.27 | NEUTRAL | ACGL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ACGL is above a declining 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) | 56.46 | NEUTRAL | The RSI value for ACGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests ACGL has a positive trend. |
| Stochastics (14,3) | 88.23 | OVERBOUGHT | The high Stochastics value suggests ACGL may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for ACGL suggests low volalility. |
| Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for ACGL suggests a weak or negative trend. |
ACGL Chart- and CandleStick Pattern Analysis
ACGL Technicals: Chart, Performance Metrics, Trend & Indicators
96.74
+1.25 (+1.31%)
ARCH CAPITAL GROUP LTD / ACGL TA FAQ
What is the technical rating for ACGL stock?
ChartMill assigns a technical rating of 5 / 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 Bearish.
Can you provide the RSI signal for ARCH CAPITAL GROUP LTD?
ARCH CAPITAL GROUP LTD (ACGL) has an RSI value of 56.4589. This indicates that the stock is currently neutral.
What is the support and resistance level for ACGL stock?
ARCH CAPITAL GROUP LTD (ACGL) has a support level at 96.45 and a resistance level at 99.36. Check the full technical report for our detailed analysis of ACGL support and resistance levels.