TSX:ARB - CA00437K1084 - ETF
We assign a technical rating of 3 out of 10 to ARB. In the last year, ARB was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
ARB has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
25.29
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 ARB.CA is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARB.CA is down. |
ChartMill Relative Strength | 36.88 | NEUTRAL | ARB.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARB.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of ARB.CA is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARB.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 49.53 | NEUTRAL | The RSI value for ARB.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ARB.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 61.33 | NEUTRAL | The Stochastics value for ARB.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for ARB.CA suggests low volalility. |
Average Directional Index/ADX (14) | 28.52 | POSITIVE | The high ADX value value for ARB.CA suggests a strong trend. |
TSX:ARB (8/21/2025, 7:00:00 PM)
27.6
+0.15 (+0.55%)