ARGO BLOCKCHAIN PLC (ARB.L) Technical Analysis
LON:ARB • GB00BZ15CS02
Current stock price
ARB.L Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ARB. ARB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than ARB.
- ARB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month ARB has a been trading in the 3.63 - 25.50 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ARB.L Weekly and Daily overview Charts
ARB.L Setup Rating and Analysis
The technical rating of ARB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ARB.L Support and Resistance Analysis
3.59
We found 1 important resistance area.
- Resistance @5.97 from a trend line in the daily time frame.
ARB.L Technical Indicator Signal Analysis
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 ARB.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARB.L is down. |
| ChartMill Relative Strength | 0.12 | NEGATIVE | ARB.L has a low relative strength, it was outperformed by 99.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARB.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARB.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARB.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.68 | NEUTRAL | The RSI value for ARB.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests ARB.L has a negative trend. |
| Average True Range in percent/ATR (20) | 61.48 | HIGH VOLATILITY | The high ATR as a percentage value for ARB.L suggests high volalility. |
| Average Directional Index/ADX (14) | 24 | NEUTRAL | The ADX value for ARB.L suggests a possible start of a new trend. |
ARB.L Chart- and CandleStick Pattern Analysis
ARB.L Technicals: Chart, Performance Metrics, Trend & Indicators
LON:ARB (2/28/2025, 11:16:06 AM)
3.625
-0.5 (-12.12%)
ARGO BLOCKCHAIN PLC / ARB.L TA FAQ
What is the ChartMill technical rating of ARGO BLOCKCHAIN PLC (ARB.L) stock?
ChartMill assigns a technical rating of 0 / 10 to ARB.L.
What is the trend direction for ARB stock?
The current trend direction for ARGO BLOCKCHAIN PLC (ARB.L) is Bearish.
What is the RSI signal for ARB stock?
ARGO BLOCKCHAIN PLC (ARB.L) has an RSI value of 34.6803. This indicates that the stock is currently neutral.
What is the MACD signal for ARB stock?
The MACD indicator for ARGO BLOCKCHAIN PLC (ARB.L) has a value of -0.286489, indicating a bearish trend.
Can you provide the buy/sell signal for ARGO BLOCKCHAIN PLC?
The buy/sell signal for ARGO BLOCKCHAIN PLC (ARB.L) is sell as both the short term and long term trends are negative.