ALTSHARES MERGER ARBITRAGE (ARB) Stock Technical Analysis
USA - NYSEARCA:ARB - US02210T1088 - ETF
29.025 USD
+0.01 (+0.05%)
Overall ARB gets a technical rating of 7 out of 10. Although ARB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ARB has an average volume of 9780 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the performance of all stocks over the past year, ARB turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
ARB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARB is lagging the market.
In the last month ARB has a been trading in a tight range between 28.73 and 30.26.
Considerably lower volume is observed in the last couple of days.
ARB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 29.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.33
29.33
4 important support areas can be observed.
- A support zone ranging from 28.79 to 28.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.89 to 28.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.27 to 27.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.60 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.04 to 29.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARB is up. |
| ChartMill Relative Strength | 45.75 | NEUTRAL | ARB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.54 | OVERBOUGHT | The high RSI value suggests ARB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ARB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.29 | OVERSOLD | The low Stochastics value suggests ARB may be oversold. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for ARB suggests low volalility. |
| Average Directional Index/ADX (14) | 48.94 | POSITIVE | The high ADX value value for ARB suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 29.05 | 28.88 | 0.17 (0.59%) | 25.00% |
| An entry @29.05. This is a Buy Stop order right above the resistance zone. | An exit @28.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 0.59%. | For a 0.15% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ARB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:ARB (9/19/2025, 8:04:00 PM)
29.025
+0.01 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week0.09%
2 Weeks0.23%
1 Month0.55%
3 Month2.53%
6 Month3.09%
12 Month4.2%
2 Year10.57%
3 Year8.96%
5 Year14.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.54%
ATR Inc-59.47%
Range Today0.07
ADR(20)0.16
ADR(20)%0.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.75
Mansfield-0.78
10 Day High29.07
10 Day Low28.89
20 Day High30.26
20 Day Low28.73
52 Week High30.26
52 Week Low27.27
CS1 End28.99
CR1 Start29.04
Volume & EV
DER(3)0.99%
DER(5)-0.15%
Volume7.10K
Volume Incr-27.34%
Vol(5)5.90K
Vol(50)9.78K