ARRIVE AI INC (ARAI) Stock Technical Analysis
NASDAQ:ARAI - Nasdaq - Common Stock - Currency: USD
Taking everything into account, ARAI scores 3 out of 10 in our technical rating. In the last year, ARAI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, ARAI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
5.19
We found 1 important support area.
- Support @5.24 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 | UP | POSITIVE | The long term trend for ARAI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARAI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ARAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 27.98 | OVERSOLD | The low RSI value suggests ARAI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests ARAI has a negative trend. |
| Average Directional Index/ADX (14) | 31.89 | POSITIVE | The high ADX value value for ARAI suggests a strong trend. |
5.5
+0.2 (+3.77%)