ARBE ROBOTICS LTD (ARBE) Stock Technical Analysis
NASDAQ:ARBE - Nasdaq - IL0011796625 - Common Stock - Currency: USD
Overall ARBE gets a technical rating of 4 out of 10. ARBE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
ARBE is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 63% of 125 stocks in the same industry do better.
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.
In the last month ARBE has a been trading in the 1.43 - 1.95 range, which is quite wide. It is currently trading near the lows of this range.
ARBE has an average volume of 1672300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, ARBE outperforms 48% of them, which is more or less in line with the market.
ARBE has an average technical rating and it also does not offer a high quality setup 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
1.42
1.79
We found 2 important support areas.
- Support @1.50 from a horizontal line in the weekly time frame.
- Support @1.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.52 to 1.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.58 to 1.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.66 from a trend line in the daily time frame.
- Resistance @1.74 from a trend line in the daily time frame.
- Resistance @1.77 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ARBE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARBE is neutral. |
| ChartMill Relative Strength | 48.51 | NEUTRAL | ARBE is not amongst the best or worst performers 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 | MIXED | The current price of ARBE is below the rising 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) | 43.92 | 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) | 21.24 | NEUTRAL | The Stochastics value for ARBE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.74 | HIGH VOLATILITY | The high ATR as a percentage value for ARBE suggests high volalility. |
| Average Directional Index/ADX (14) | 16 | NEGATIVE | The low ADX value for ARBE suggests a weak or negative trend. |
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)
1.51
-0.08 (-5.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-5.03%
1 Week-3.21%
2 Weeks-13.71%
1 Month1.34%
3 Month39.81%
6 Month-45.29%
12 Month-28.44%
2 Year-48.81%
3 Year-71.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%7.74%
ATR Inc-3.53%
Range Today0.14
ADR(20)0.11
ADR(20)%7.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.51
Mansfield-2.5
10 Day High1.76
10 Day Low1.44
20 Day High1.95
20 Day Low1.43
52 Week High5.09
52 Week Low0.85
CS1 End1.5
CR1 Start1.52
Volume & EV
DER(3)-0.75%
DER(5)-3.85%
Volume1.84M
Volume Incr13.48%
Vol(5)1.75M
Vol(50)1.67M