ARCBEST CORP (ARCB) Stock Technical Analysis
NASDAQ:ARCB - Nasdaq - US03937C1053 - Common Stock - Currency: USD
Overall ARCB gets a technical rating of 1 out of 10. ARCB'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
82% of all other stocks performed better in the past year than ARCB.
ARCB 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 ARCB has a been trading in the 67.90 - 87.68 range, which is quite wide. It is currently trading near the lows of this range.
ARCB is part of the Ground Transportation industry. There are 40 other stocks in this industry, ARCB did better than 58% of them.
Considerably lower volume is observed in the last couple of days.
ARCB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 70.12, a Stop Loss order could be placed below this zone.
More info and screens
67.24
83.76
We found 2 important support areas.
- A support zone ranging from 71.84 to 72.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.92 to 70.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 75.38 to 75.79. 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 82.47 to 82.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for ARCB is down. |
| ChartMill Relative Strength | 18.55 | NEGATIVE | ARCB has a low relative strength, it was outperformed by 81.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARCB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ARCB is below the rising 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) | 44.54 | NEUTRAL | The RSI value for ARCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests ARCB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.07 | NEUTRAL | The Stochastics value for ARCB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for ARCB suggests high volalility. |
| Average Directional Index/ADX (14) | 23.91 | NEUTRAL | The ADX value for ARCB suggests a possible start of a new 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)
73.2
+1.37 (+1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg1.91%
1 Week4.51%
2 Weeks-2.02%
1 Month-8.36%
3 Month18.2%
6 Month-15.76%
12 Month-35.32%
2 Year-31.97%
3 Year-10.8%
5 Year112.39%
10 Year148.72%
15 YearN/A
Volatility
ATR(14)3.7
ATR(20)%5.16%
ATR Inc-49.08%
Range Today2.9
ADR(20)3.29
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.55
Mansfield-2.36
10 Day High75.91
10 Day Low67.9
20 Day High87.68
20 Day Low67.9
52 Week High123.26
52 Week Low55.19
CS1 End70.12
CR1 Start71.84
Volume & EV
DER(3)-2.37%
DER(5)-0.87%
Volume242.83K
Volume Incr-41.63%
Vol(5)247.66K
Vol(50)397.54K