ARGO BLOCKCHAIN PLC (ARBK) Technical Analysis

NASDAQ:ARBK • US0401261047

Current stock price

2.87 USD
-0.04 (-1.37%)
Last:

ARBK Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ARBK. ARBK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

  • 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, ARBK is a bad performer in the overall market: 97% of all stocks are doing better.
  • ARBK is one of the lesser performing stocks in the Software industry. 81% of 275 stocks in the same industry do better.
  • ARBK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ARBK is lagging the market.
  • Warning: ARBK has an average volume of 27418 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • In the last month ARBK has a been trading in the 2.79 - 3.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
  • Considerably lower volume is observed in the last couple of days.

ARBK Weekly and Daily overview Charts

ARGO BLOCKCHAIN PLC / ARBK Weekly stock chart
ARGO BLOCKCHAIN PLC / ARBK Daily stock chart

ARBK Setup Rating and Analysis

7

Although the technical rating is bad, ARBK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.96. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ARBK in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

ARBK Support and Resistance Analysis

2.84

3.14

2 important resistance areas can be observed.

  • A resistance zone ranging from 2.96 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @3.11 from a horizontal line in the daily time frame.

ARBK 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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ARBK is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ARBK is down.
ChartMill Relative Strength3.69NEGATIVEARBK has a low relative strength, it was outperformed by 96.31% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ARBK is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ARBK is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ARBK is below a declining SMA(200).
Relative Strength Index/RSI (14)37.55NEUTRALThe RSI value for ARBK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.11POSITIVEThe MACD value suggests ARBK has a positive trend, although the MACD value is declining.
Stochastics (14,3)49.49NEUTRALThe Stochastics value for ARBK is a neutral value.
Average True Range in percent/ATR (20)5.77HIGH VOLATILITYThe high ATR as a percentage value for ARBK suggests high volalility.
Average Directional Index/ADX (14)22.65NEUTRALThe ADX value for ARBK suggests a possible start of a new trend.

ARBK Chart- and CandleStick Pattern Analysis

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)

ARBK Technicals: Chart, Performance Metrics, Trend & Indicators

ARGO BLOCKCHAIN PLC / ARBK Daily stock chart

ARGO BLOCKCHAIN PLC

NASDAQ:ARBK (3/31/2026, 4:04:34 PM)

2.87

-0.04 (-1.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg-1.37%
1 Week-1.02%
2 Weeks-3.96%
1 Month-0.68%
3 Month-21.14%
6 Month-96.78%
12 Month-95.97%
2 Year-99.38%
3 Year-99.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%5.77%
ATR Inc14.22%
Range Today0.13
ADR(20)0.16
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.69
3 months CRS19.18
6 months CRS0.43
Mansfield-9.44
10 Day High3.1
10 Day Low2.81
20 Day High3.15
20 Day Low2.79
52 Week High205.2
52 Week Low2.63
CS1 EndN/A
CR1 Start2.96
Volume & EV
DER(3)-2.43%
DER(5)3.89%
Volume24.58K
Volume Incr-10.75%
Vol(5)14.28K
Vol(50)27.42K

ARGO BLOCKCHAIN PLC / ARBK TA FAQ

Can you provide the ChartMill technical rating for ARGO BLOCKCHAIN PLC?

ChartMill assigns a technical rating of 0 / 10 to ARBK.


Can you provide the trend direction for ARGO BLOCKCHAIN PLC?

The current trend direction for ARGO BLOCKCHAIN PLC (ARBK) is Bearish.


Can you provide the RSI signal for ARGO BLOCKCHAIN PLC?

ARGO BLOCKCHAIN PLC (ARBK) has an RSI value of 37.5476. This indicates that the stock is currently neutral.


Can you provide the MACD signal for ARGO BLOCKCHAIN PLC?

The MACD indicator for ARGO BLOCKCHAIN PLC (ARBK) has a value of 0.109245, indicating a bearish trend.


Can you provide the short term momentum for ARGO BLOCKCHAIN PLC?

The short term momentum for ARGO BLOCKCHAIN PLC (ARBK) is negative.