ARRIVE AI INC (ARAI) Technical Analysis
NASDAQ:ARAI • US04272H2040
Overall ARAI gets a technical rating of 0 out of 10. ARAI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than ARAI.
- ARAI is one of the lesser performing stocks in the Air Freight & Logistics industry. 100% of 23 stocks in the same industry do better.
- In the last month ARAI has a been trading in the 0.93 - 1.52 range, which is quite wide. It is currently trading near the lows of this range.
- ARAI has an average volume of 1186030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
ARAI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.04
When analyzing the resistance we notice one important area.
- Resistance @1.16 from a horizontal line in the daily time frame.
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 ARAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARAI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ARAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.46 | OVERSOLD | The low RSI value suggests ARAI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ARAI has a positive trend. |
| Stochastics (14,3) | 34.52 | NEUTRAL | The Stochastics value for ARAI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.95 | HIGH VOLATILITY | The high ATR as a percentage value for ARAI suggests high volalility. |
| Average Directional Index/ADX (14) | 32.51 | POSITIVE | The high ADX value value for ARAI suggests a strong trend. |
ARAI Technicals: Chart, Performance Metrics, Trend & Indicators
1.05
-0.01 (-0.94%)
ARRIVE AI INC / ARAI FAQ
Can you provide the ChartMill technical rating for ARRIVE AI INC?
ChartMill assigns a technical rating of 0 / 10 to ARAI.
Can you provide the trend direction for ARRIVE AI INC?
The current trend direction for ARRIVE AI INC (ARAI) is Bearish.
What is the RSI signal for ARRIVE AI INC (ARAI) stock?
ARRIVE AI INC (ARAI) has an RSI value of 28.4608. This indicates that the stock is currently oversold.
What is the short term momentum for ARRIVE AI INC (ARAI) stock?
The short term momentum for ARRIVE AI INC (ARAI) is negative.
What is the support and resistance level for ARAI stock?
ARRIVE AI INC (ARAI) has a resistance level at 1.16. Check the full technical report for our detailed analysis of ARAI support and resistance levels.