We assign a technical rating of 6 out of 10 to ARCB. Although ARCB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ARCB has an average technical rating and also 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
59.59
4 important support areas can be observed.
- Support @74.19 from a horizontal line in the daily time frame.
- A support zone ranging from 70.41 to 70.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @64.16 from a trend line in the weekly time frame.
- A support zone ranging from 60.19 to 60.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @79.96 from a trend 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 | UP | POSITIVE | The long term trend for ARCB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARCB is neutral. |
| ChartMill Relative Strength | 29.68 | NEGATIVE | ARCB has a low relative strength, it was outperformed by 70.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARCB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARCB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARCB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.31 | NEUTRAL | The RSI value for ARCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests ARCB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.46 | NEUTRAL | The Stochastics value for ARCB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ARCB suggests some volalility. |
| Average Directional Index/ADX (14) | 31.08 | POSITIVE | The high ADX value value for ARCB suggests a strong trend. |
77.17
+2.98 (+4.02%)
ARCBEST CORP / ARCB FAQ
Can you provide the ChartMill technical rating for ARCBEST CORP?
ChartMill assigns a technical rating of 6 / 10 to ARCB.
What is the current trend direction of ARCBEST CORP (ARCB) stock?
The current trend direction for ARCBEST CORP (ARCB) is Bullish.
What is the RSI signal for ARCB stock?
ARCBEST CORP (ARCB) has an RSI value of 59.3129. This indicates that the stock is currently neutral.
What is the MACD signal for ARCBEST CORP (ARCB) stock?
The MACD indicator for ARCBEST CORP (ARCB) has a value of -0.366063, indicating a bearish trend.
What are the support and resistance levels for ARCBEST CORP (ARCB) stock?
ARCBEST CORP (ARCB) has a support level at 74.19 and a resistance level at 79.96. Check the full technical report for our detailed analysis of ARCB support and resistance levels.