ARCH CAPITAL GROUP LTD (ACGL) Stock Technical Analysis
NASDAQ:ACGL - Nasdaq - BMG0450A1053 - Common Stock - Currency: USD
Overall ACGL gets a technical rating of 2 out of 10. ACGL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, ACGL is a bad performer in the overall market: 80% of all stocks are doing better.
ACGL is one of the lesser performing stocks in the Insurance industry. 71% of 143 stocks in the same industry do better.
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 84.81 - 91.90 range, which is quite wide. It is currently trading near the high of this range.
ACGL has an average volume of 2309250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ACGL has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
84.14
97.91
2 important support areas can be observed.
- A support zone ranging from 87.83 to 90.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 84.99 to 84.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 92.76 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 | NEUTRAL | NEUTRAL | The long term trend for ACGL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACGL is neutral. |
| ChartMill Relative Strength | 20.75 | NEGATIVE | ACGL has a low relative strength, it was outperformed by 79.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ACGL is above 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) | 58.67 | NEUTRAL | The RSI value for ACGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests ACGL has a positive trend. |
| Stochastics (14,3) | 78.77 | NEUTRAL | The Stochastics value for ACGL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for ACGL suggests low volalility. |
| Average Directional Index/ADX (14) | 19.06 | 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)
91.46
+1.51 (+1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.68%
1 Week2.93%
2 Weeks6.27%
1 Month3.16%
3 Month-3.31%
6 Month3.7%
12 Month-10.81%
2 Year19%
3 Year100.04%
5 Year189.98%
10 Year301.85%
15 Year243.83%
Volatility
ATR(14)2.03
ATR(20)%1.95%
ATR Inc25.03%
Range Today2.43
ADR(20)1.74
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.75
Mansfield-1.39
10 Day High91.9
10 Day Low86.29
20 Day High91.9
20 Day Low84.81
52 Week High116.47
52 Week Low82.49
CS1 End90.23
CR1 Start92.76
Volume & EV
DER(3)0.14%
DER(5)-0.31%
Volume2.02M
Volume Incr-27.67%
Vol(5)2.02M
Vol(50)2.31M