ARRIVE AI INC (ARAI) Stock Technical Analysis
USA - NASDAQ:ARAI - US04272H2040 - Common Stock
3.9 USD
+0.36 (+10.17%)
3.81 USD
-0.09 (-2.31%)
Taking everything into account, ARAI scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ARAI is a bad performer in the overall market: 100% of all stocks are doing better.
ARAI is one of the lesser performing stocks in the Air Freight & Logistics industry. 81% of 23 stocks in the same industry do better.
In the last month ARAI has a been trading in the 3.03 - 4.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ARAI 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 very little resistance above the current price.
More info and screens
3.39
4.08
When analyzing the support we notice one important area.
- Support @3.42 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @4.04 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 | MIXED | The current price of ARAI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARAI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 46.22 | NEUTRAL | The RSI value for ARAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ARAI has a positive trend. |
| Stochastics (14,3) | 56.51 | NEUTRAL | The Stochastics value for ARAI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.7 | HIGH VOLATILITY | The high ATR as a percentage value for ARAI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.43 | NEUTRAL | The ADX value for ARAI suggests a possible start of a new 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)
3.9
+0.36 (+10.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg10.17%
1 Week0.26%
2 Weeks25.81%
1 Month-5.11%
3 Month-67.9%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%10.7%
ATR Inc-13.78%
Range Today0.49
ADR(20)0.41
ADR(20)%10.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.08
10 Day Low3.1
20 Day High4.35
20 Day Low3.03
52 Week HighN/A
52 Week LowN/A
CS1 End3.42
CR1 Start4.04
Volume & EV
DER(3)-9.29%
DER(5)-10.95%
Volume585.80K
Volume Incr-43.02%
Vol(5)281.36K
Vol(50)316.22K