ARCH CAPITAL GROUP LTD (ACGL)

BMG0450A1053 - Common Stock

96.91  +2.44 (+2.59%)

After market: 96.91 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, ACGL scores 6 out of 10 in our technical rating. In the last year, ACGL was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month ACGL has a been trading in the 94.17 - 102.34 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Looking at the yearly performance, ACGL did better than 80% of all other stocks. We also observe that the gains produced by ACGL over the past year are nicely spread over this period.
ACGL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ACGL is performing more or less in line with the market.
ACGL has an average volume of 1615750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
ACGL is an average performer in the Insurance industry, it outperforms 62% of 141 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ACGL Weekly chart
ACGL Daily chart
Setup Rating and Analysis

4

ACGL has an average technical rating and also the quality of the setup is 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.

Support and Resistance Analysis

81.25

104.39

We found 5 important support areas.

  • A support zone ranging from 96.10 to 96.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @94.46 from a horizontal line in the daily time frame.
  • Support @88.58 from a trend line in the weekly time frame.
  • Support @86.62 from a horizontal line in the daily time frame.
  • Support @82.07 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 96.91 to 97.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 103.36 to 103.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.18
Mansfield-0.03
10 Day High99.2
10 Day Low94.17
20 Day High102.34
20 Day Low94.17
52 Week High103.79
52 Week Low72.85
Performance
1 Week0.84%
2 Weeks0.42%
1 Month-4.07%
3 Month6.61%
6 Month21.29%
12 Month25.45%
2 Year118.27%
3 Year148.49%
5 Year150.48%
10 Year443.93%
15 Year367.49%
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)-0.14
RSI(14)46.31
LBB95.01
UBB98.71
ACGL Daily chart

ARCH CAPITAL GROUP LTD

NASDAQ:ACGL (7/26/2024, 7:14:48 PM)

After market: 96.91 0 (0%)

96.91

+2.44 (+2.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.59%
1 Week0.84%
2 Weeks0.42%
1 Month-4.07%
3 Month6.61%
6 Month21.29%
12 Month25.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.76
ATR(20)%1.82%
ATR Inc
Range Today3.31
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High99.2
10 Day Low94.17
20 Day High102.34
20 Day Low94.17
52 Week High103.79
52 Week Low72.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.11M
Volume Incr-34.23%
Vol(5)1.01M
Vol(50)1.62M