ARB IOT GROUP LTD (ARBB) Stock Technical Analysis
NASDAQ:ARBB - Nasdaq - KYG0447T1004 - Common Stock - Currency: USD
Overall ARBB gets a technical rating of 6 out of 10. ARBB has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month ARBB has a been trading in the 0.53 - 1.09 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ARBB has an average volume of 6380460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ARBB turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
ARBB is part of the IT Services industry. There are 82 other stocks in this industry, ARBB did better than 59% of them.
ARBB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ARBB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ARBB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.50
0.91
6 important support areas can be observed.
- A support zone ranging from 0.68 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.66 from a horizontal line in the daily time frame.
- Support @0.58 from a trend line in the daily time frame.
- Support @0.56 from a trend line in the weekly time frame.
- Support @0.52 from a trend line in the weekly time frame.
- Support @0.50 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.74 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.77 to 0.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.90 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.17
Mansfield3.17
10 Day High0.8
10 Day Low0.65
20 Day High1.09
20 Day Low0.53
52 Week High1.24
52 Week Low0.21
Performance
1 Week-8.72%
2 Weeks-0.98%
1 Month0%
3 Month36.28%
6 Month47.82%
12 Month-35.45%
2 Year-77.95%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)50.89
LBB0.55
UBB0.88
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 |
|---|---|---|---|
| 0.75 | 0.67 | 0.08 (10.67%) | 9.38% |
| An entry @0.75. This is a Buy Stop order right above the resistance zone. | An exit @0.67. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.08 points, which is 10.67%. | For a 1.00% total portfolio risk, you can invest 9.38% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ARBB. 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.
0.71
+0.04 (+6.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg6.37%
1 Week-8.72%
2 Weeks-0.98%
1 Month0%
3 Month36.28%
6 Month47.82%
12 Month-35.45%
2 Year-77.95%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%15.61%
ATR Inc-54.63%
Range Today0.07
ADR(20)0.1
ADR(20)%13.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.17
Mansfield3.17
10 Day High0.8
10 Day Low0.65
20 Day High1.09
20 Day Low0.53
52 Week High1.24
52 Week Low0.21
CS1 End0.7
CR1 Start0.74
Volume & EV
DER(3)14.04%
DER(5)5.77%
Volume156.37K
Volume Incr-94.51%
Vol(5)276.71K
Vol(50)6.38M