ARRIVE AI INC (ARAI) Technical Analysis
NASDAQ:ARAI • US04272H2040
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 part of the Air Freight & Logistics industry. There are 23 other stocks in this industry, of which 100% are performing better than ARAI.
- In the last month ARAI has a been trading in the 0.96 - 1.56 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ARAI has an average volume of 1181500 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 poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.02
We found 1 important resistance area.
- A resistance zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages 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) | 26.18 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 23.28 | NEUTRAL | The Stochastics value for ARAI is a neutral value. |
| Average True Range in percent/ATR (20) | 12.66 | HIGH VOLATILITY | The high ATR as a percentage value for ARAI suggests high volalility. |
| Average Directional Index/ADX (14) | 31.86 | POSITIVE | The high ADX value value for ARAI suggests a strong trend. |
ARAI Technicals: Chart, Performance Metrics, Trend & Indicators
1.03
-0.02 (-1.9%)
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 26.1787. 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 1.15. Check the full technical report for our detailed analysis of ARAI support and resistance levels.