ALTSHARES MERGER ARBITRAGE (ARB) Stock Technical Analysis
NYSEARCA:ARB - NYSE Arca - US02210T1088 - ETF - Currency: USD
Taking everything into account, ARB scores 7 out of 10 in our technical rating. 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 11892 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.
ARB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ARB is lagging the market slightly.
When compared to the yearly performance of all other stocks, ARB outperforms 48% of them, which is more or less in line with the market.
In the last month ARB has a been trading in a tight range between 27.55 and 28.90.
Considerably lower volume is observed in the last couple of days.
Although ARB has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
25.89
29.03
When analyzing the support we can see 4 important areas.
- A support zone ranging from 27.82 to 28.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.27 to 27.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.69 from a horizontal line in the weekly time frame.
- Support @26.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.74 to 28.74. 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 | 48.11 | 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) | 70.13 | OVERBOUGHT | The high RSI value suggests ARB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ARB has a positive trend. |
| Stochastics (14,3) | 55.97 | NEUTRAL | The Stochastics value for ARB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for ARB suggests low volalility. |
| Average Directional Index/ADX (14) | 27.56 | 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)
NYSEARCA:ARB (7/22/2025, 1:25:42 PM)
28.73
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.49%
2 Weeks0.7%
1 Month1.49%
3 Month2.01%
6 Month2.92%
12 Month5.31%
2 Year12.16%
3 Year8.26%
5 Year12.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.58%
ATR Inc55.36%
Range Today0.09
ADR(20)0.16
ADR(20)%0.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.11
Mansfield-0.53
10 Day High28.9
10 Day Low28.5
20 Day High28.9
20 Day Low27.55
52 Week High28.9
52 Week Low27.03
CS1 End28.72
CR1 Start28.74
Volume & EV
DER(3)1.95%
DER(5)-1.66%
Volume114.42K
Volume Incr-53.53%
Vol(5)5.40K
Vol(50)11.89K