ARBE ROBOTICS LTD (ARBE) Stock Technical Analysis
NASDAQ:ARBE • IL0011796625
Taking everything into account, ARBE scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ARBE is a bad performer in the overall market: 95% of all stocks are doing better.
- ARBE is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 85% are performing better than ARBE.
- ARBE is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month ARBE has a been trading in the 0.79 - 1.34 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ARBE has an average volume of 5234050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ARBE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.81
We can see 3 important resistance areas.
- Resistance @0.97 from a trend line in the daily time frame.
- A resistance zone ranging from 1.51 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.86 from a horizontal line in the daily 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 | 5.45 | NEGATIVE | ARBE has a low relative strength, it was outperformed by 94.55% off all stocks 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) | 31.82 | 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) | 14.09 | OVERSOLD | The low Stochastics value suggests ARBE may be oversold. |
| Average True Range in percent/ATR (20) | 12.17 | HIGH VOLATILITY | The high ATR as a percentage value for ARBE suggests high volalility. |
| Average Directional Index/ADX (14) | 11.42 | NEGATIVE | The low ADX value for ARBE suggests a weak or negative trend. |
0.8223
-0.11 (-11.72%)
ARBE ROBOTICS LTD / ARBE FAQ
What is the ChartMill technical rating of ARBE ROBOTICS LTD (ARBE) stock?
ChartMill assigns a technical rating of 0 / 10 to ARBE.
Can you provide the trend direction for ARBE ROBOTICS LTD?
The current trend direction for ARBE ROBOTICS LTD (ARBE) is Bearish.
What is the RSI signal for ARBE ROBOTICS LTD (ARBE) stock?
ARBE ROBOTICS LTD (ARBE) has an RSI value of 31.8179. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARBE ROBOTICS LTD?
The short term momentum for ARBE ROBOTICS LTD (ARBE) is negative.
Can you provide the buy/sell signal for ARBE ROBOTICS LTD?
The buy/sell signal for ARBE ROBOTICS LTD (ARBE) is sell as both the short term and long term trends are negative.