ARCH CAPITAL GROUP LTD (ACGL) Stock Technical Analysis
NASDAQ:ACGL - Nasdaq - BMG0450A1053 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ACGL. ACGL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
ACGL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ACGL has a been trading in the 82.49 - 94.49 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
ACGL has an average volume of 1760440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ACGL outperforms 50% of them, which is more or less in line with the market.
ACGL is an average performer in the Insurance industry, it outperforms 47% of 143 stocks in the same industry.
ACGL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 92.19, a Stop Loss order could be placed below this zone.
More info and screens
86.95
97.91
We found 2 important support areas.
- A support zone ranging from 90.91 to 92.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 87.83 to 88.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @93.14 from a trend line in the daily time frame.
- A resistance zone ranging from 95.06 to 96.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.1
Mansfield-0.67
10 Day High94.28
10 Day Low86.23
20 Day High94.49
20 Day Low82.49
52 Week High116.47
52 Week Low82.49
Performance
1 Week1.99%
2 Weeks-0.1%
1 Month-3.95%
3 Month-0.63%
6 Month-3.69%
12 Month-2.04%
2 Year32.68%
3 Year94.86%
5 Year227.71%
10 Year334.25%
15 Year277.37%
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)51.76
LBB89.58
UBB93.95
92.48
+2.81 (+3.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg3.13%
1 Week1.99%
2 Weeks-0.1%
1 Month-3.95%
3 Month-0.63%
6 Month-3.69%
12 Month-2.04%
2 Year32.68%
3 Year94.86%
5 Year227.71%
10 Year334.25%
15 Year277.37%
Volatility
ATR(14)2.49
ATR(20)%3.7%
ATR Inc-14.4%
Range Today2.57
ADR(20)3.15
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.1
Mansfield-0.67
10 Day High94.28
10 Day Low86.23
20 Day High94.49
20 Day Low82.49
52 Week High116.47
52 Week Low82.49
CS1 End92.19
CR1 Start93.14
Volume & EV
DER(3)0.63%
DER(5)0.28%
Volume1.60M
Volume Incr-0.04%
Vol(5)1.75M
Vol(50)1.76M