ARCH CAPITAL GROUP LTD (ACGL) Technical Analysis
NASDAQ:ACGL • BMG0450A1053
Current stock price
ACGL Technical Rating and Analysis
Taking everything into account, ACGL scores 1 out of 10 in our technical rating. 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: 61% of all stocks are doing better.
- ACGL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- ACGL is one of the better performing stocks in the Insurance industry, it outperforms 75% of 147 stocks in the same industry.
- ACGL has an average volume of 2031680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 93.36, 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 93.36. This zone is formed by a combination of multiple trend lines and important moving averages 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.
3 important resistance areas can be observed.
- Resistance @93.54 from a horizontal line in the daily time frame.
- A resistance zone ranging from 95.08 to 96.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 99.56 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 | DOWN | NEGATIVE | The short term trend for ACGL is down. |
| ChartMill Relative Strength | 39.06 | NEUTRAL | ACGL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACGL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACGL is below 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) | 41.55 | NEUTRAL | The RSI value for ACGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ACGL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.42 | NEUTRAL | The Stochastics value for ACGL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for ACGL suggests low volalility. |
| Average Directional Index/ADX (14) | 21.63 | NEUTRAL | The ADX value for ACGL suggests a possible start of a new trend. |
ACGL Chart- and CandleStick Pattern Analysis
ACGL Technicals: Chart, Performance Metrics, Trend & Indicators
93.42
-0.7 (-0.74%)
ARCH CAPITAL GROUP LTD / ACGL TA FAQ
What is the technical rating for ACGL stock?
ChartMill assigns a technical rating of 1 / 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.
What is the RSI signal for ARCH CAPITAL GROUP LTD (ACGL) stock?
ARCH CAPITAL GROUP LTD (ACGL) has an RSI value of 41.5547. 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 -0.084331, 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 93.36 and a resistance level at 93.54. Check the full technical report for our detailed analysis of ACGL support and resistance levels.