ARBE Technical Analysis - ARBE ROBOTICS LTD

Technical Rating and Analysis

Overall ARBE gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ARBE has proven to be a steady performer, scoring decent points in every aspect analyzed.

ARBE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

The long and short term trends are both positive. This is looking good!

ARBE has an average volume of 4042800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Looking at the yearly performance, ARBE did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.

ARBE is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 56% of 123 stocks in the same industry.

In the last month ARBE has a been trading in the 1.60 - 2.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

ARBE ROBOTICS LTD / ARBE Weekly stock chart

ARBE ROBOTICS LTD / ARBE Daily stock chart

Setup Rating and Analysis

ARBE has an excellent technical rating, but the quality of the setup is only medium 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

1.31

2.70

When analyzing the support we can see 2 important areas.

Support @1.93 from a trend line in the daily time frame.
Support @1.32 from a trend line in the daily time frame.

We can see 3 important resistance areas.

A resistance zone ranging from 2.15 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @2.21 from a horizontal line in the weekly time frame.
Resistance @2.67 from a trend line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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 ARBE is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ARBE is up.
ChartMill Relative Strength	85.83	POSITIVE	ARBE has a high relative strength, it outperformed 85.83% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of ARBE is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ARBE is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ARBE is above the rising SMA(200).
Relative Strength Index/RSI (14)	54	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.
Stochastics (14,3)	46.8	NEUTRAL	The Stochastics value for ARBE is a neutral value.
Average True Range in percent/ATR (20)	11.54	HIGH VOLATILITY	The high ATR as a percentage value for ARBE suggests high volalility.
Average Directional Index/ADX (14)	46.15	POSITIVE	The high ADX value value for ARBE suggests a strong trend.