We assign a technical rating of 0 out of 10 to ARBE. ARBE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ARBE 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
1.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.28 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.25 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.92 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 ARBE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARBE is down. |
| ChartMill Relative Strength | 33.83 | NEUTRAL | ARBE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARBE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARBE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARBE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.63 | NEUTRAL | The RSI value for ARBE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ARBE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.69 | NEUTRAL | The Stochastics value for ARBE is a neutral value. |
| Average True Range in percent/ATR (20) | 9.22 | HIGH VOLATILITY | The high ATR as a percentage value for ARBE suggests high volalility. |
| Average Directional Index/ADX (14) | 23.89 | NEUTRAL | The ADX value for ARBE suggests a possible start of a new trend. |
1.42
+0.11 (+8.4%)
ARBE ROBOTICS LTD / ARBE FAQ
Can you provide the ChartMill technical rating for ARBE ROBOTICS LTD?
ChartMill assigns a technical rating of 0 / 10 to ARBE.
What is the trend direction for ARBE stock?
The current trend direction for ARBE ROBOTICS LTD (ARBE) is Bearish.
Can you provide the RSI signal for ARBE ROBOTICS LTD?
ARBE ROBOTICS LTD (ARBE) has an RSI value of 39.6339. This indicates that the stock is currently neutral.
What is the short term momentum for ARBE stock?
The short term momentum for ARBE ROBOTICS LTD (ARBE) is negative.
What are the support and resistance levels for ARBE ROBOTICS LTD (ARBE) stock?
ARBE ROBOTICS LTD (ARBE) has a support level at 1.29 and a resistance level at 1.92. Check the full technical report for our detailed analysis of ARBE support and resistance levels.