Arch Capital Group Ltd (ACGLP) Technical Analysis
NASDAQ:ACGLP
Overall ACGLP gets a technical rating of 0 out of 10. ACGLP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 77% of all other stocks performed better in the past year than ACGLP.
- ACGLP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- ACGLP is part of the Insurance industry. There are 149 other stocks in this industry, ACGLP did better than 43% of them.
- In the last month ACGLP has a been trading in a tight range between 24.97 and 25.32.
- Volume is considerably higher in the last couple of days.
ACGLP 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 a support zone below the current price at 24.99, a Stop Loss order could be placed below this zone.
More info and screens
24.73
When analyzing the support we notice one important area.
- A support zone ranging from 24.98 to 24.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.11 to 26.13. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for ACGLP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACGLP is down. |
| ChartMill Relative Strength | 23.72 | NEGATIVE | ACGLP has a low relative strength, it was outperformed by 76.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACGLP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACGLP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACGLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.84 | OVERSOLD | The low RSI value suggests ACGLP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ACGLP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.64 | OVERSOLD | The low Stochastics value suggests ACGLP may be oversold. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for ACGLP suggests low volalility. |
ACGLP Technicals: Chart, Performance Metrics, Trend & Indicators
24.99
+0.01 (+0.04%)
Arch Capital Group Ltd / ACGLP FAQ
What is the technical rating for ACGLP stock?
ChartMill assigns a technical rating of 0 / 10 to ACGLP.
What is the trend direction for ACGLP stock?
The current trend direction for Arch Capital Group Ltd (ACGLP) is Bearish.
What is the RSI signal for Arch Capital Group Ltd (ACGLP) stock?
Arch Capital Group Ltd (ACGLP) has an RSI value of 28.8413. This indicates that the stock is currently oversold.
What is the MACD signal for Arch Capital Group Ltd (ACGLP) stock?
The MACD indicator for Arch Capital Group Ltd (ACGLP) has a value of -0.00558215, indicating a bearish trend.
Can you provide the buy/sell signal for Arch Capital Group Ltd?
The buy/sell signal for Arch Capital Group Ltd (ACGLP) is sell as both the short term and long term trends are negative.