ARCBEST CORP (ARCB) Stock Technical Analysis
NASDAQ:ARCB - Nasdaq - US03937C1053 - Common Stock - Currency: USD
Taking everything into account, ARCB scores 1 out of 10 in our technical rating. ARCB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
89% of all other stocks performed better in the past year than ARCB.
ARCB is part of the Ground Transportation industry. There are 39 other stocks in this industry, of which 78% are performing better than ARCB.
ARCB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARCB is lagging the market.
In the last month ARCB has a been trading in the 58.16 - 72.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ARCB is bad and it also does not present a 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
61.27
84.91
We found 1 important support area.
- Support @61.89 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 63.68 to 65.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 66.93 to 68.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @70.41 from a horizontal line in the daily time frame.
- Resistance @84.07 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 ARCB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARCB is neutral. |
| ChartMill Relative Strength | 11.24 | NEGATIVE | ARCB has a low relative strength, it was outperformed by 88.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARCB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARCB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARCB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.03 | NEUTRAL | The RSI value for ARCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests ARCB has a negative trend. |
| Stochastics (14,3) | 26.27 | NEUTRAL | The Stochastics value for ARCB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ARCB suggests some volalility. |
| Average Directional Index/ADX (14) | 11.75 | NEGATIVE | The low ADX value for ARCB 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)
62.39
-0.3 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.48%
1 Week2.67%
2 Weeks-6.78%
1 Month0.61%
3 Month-17.09%
6 Month-41.83%
12 Month-42.46%
2 Year-36.85%
3 Year-11.34%
5 Year135.35%
10 Year96.2%
15 YearN/A
Volatility
ATR(14)2.33
ATR(20)%4.46%
ATR Inc28.46%
Range Today4.73
ADR(20)2.31
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.24
Mansfield-3.55
10 Day High67.25
10 Day Low60.1
20 Day High72.24
20 Day Low58.16
52 Week High129.83
52 Week Low55.19
CS1 End61.89
CR1 Start63.68
Volume & EV
DER(3)1.31%
DER(5)1.91%
Volume289.80K
Volume Incr-29.9%
Vol(5)322.37K
Vol(50)421.42K