ARB IOT GROUP LTD (ARBB) Stock Technical Analysis
USA - NASDAQ:ARBB - KYG0447T1186 - Common Stock
Overall ARBB gets a technical rating of 1 out of 10. ARBB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ARBB 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.
More info and screens
4.20
We found 3 important support areas.
- A support zone ranging from 5.37 to 5.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.21 from a horizontal line in the daily time frame.
- Support @4.24 from a trend line in the weekly time frame.
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 ARBB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARBB is down. |
| ChartMill Relative Strength | 22.57 | NEGATIVE | ARBB has a low relative strength, it was outperformed by 77.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARBB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ARBB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARBB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.35 | NEUTRAL | The RSI value for ARBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests ARBB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.97 | OVERSOLD | The low Stochastics value suggests ARBB may be oversold. |
| Average True Range in percent/ATR (20) | 12.46 | HIGH VOLATILITY | The high ATR as a percentage value for ARBB suggests high volalility. |
| Average Directional Index/ADX (14) | 18.43 | NEGATIVE | The low ADX value for ARBB suggests a weak or negative trend. |
6
+0.35 (+6.19%)
ARB IOT GROUP LTD / ARBB FAQ
What is the technical rating for ARBB stock?
ChartMill assigns a technical rating of 1 / 10 to ARBB.
What is the trend direction for ARBB stock?
The current trend direction for ARB IOT GROUP LTD (ARBB) is Bearish.
What is the RSI signal for ARB IOT GROUP LTD (ARBB) stock?
ARB IOT GROUP LTD (ARBB) has an RSI value of 43.3509. This indicates that the stock is currently neutral.
What is the MACD signal for ARB IOT GROUP LTD (ARBB) stock?
The MACD indicator for ARB IOT GROUP LTD (ARBB) has a value of -0.215287, indicating a bearish trend.
What is the short term momentum for ARBB stock?
The short term momentum for ARB IOT GROUP LTD (ARBB) is negative.