ARCO PLATFORM LTD - CLASS A (ARCE)

KYG045531061 - Common Stock

13.98  -0.01 (-0.07%)

After market: 13.99 +0.01 (+0.07%)

Technical Rating and Analysis

7

Overall ARCE gets a technical rating of 7 out of 10. Although ARCE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
ARCE is part of the Diversified Consumer Services industry. There are 65 other stocks in this industry. ARCE outperforms 70% of them.
ARCE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ARCE is leading the market.
When comparing the performance of all stocks over the past year, ARCE turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
In the last month ARCE has a been trading in a tight range between 13.87 and 14.02.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ARCE Weekly chart
ARCE Daily chart
Setup Rating and Analysis

8

ARCE has an excellent technical rating and also presents 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 13.96, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

11.55

14.15

4 important support areas can be observed.

  • A support zone ranging from 13.61 to 13.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @13.28 from a trend line in the daily time frame.
  • A support zone ranging from 12.29 to 12.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @11.67 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 13.98 to 14.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.94
Mansfield0.04
10 Day High14.01
10 Day Low13.95
20 Day High14.02
20 Day Low13.87
52 Week High14.22
52 Week Low10.63
Performance
1 Week0.07%
2 Weeks0.22%
1 Month0.87%
3 Month1.82%
6 Month15.82%
12 Month11.39%
2 Year-33.08%
3 Year-60.61%
5 Year-36.8%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)62.27
LBB13.95
UBB14
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
14.0213.940.08 (0.57%)25.00%
An entry @14.02. This is a Buy Stop order right above the resistance zone.An exit @13.94. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.08 points, which is 0.57%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ARCE Daily chart

ARCO PLATFORM LTD - CLASS A

NASDAQ:ARCE (12/6/2023, 7:00:00 PM)

After market: 13.99 +0.01 (+0.07%)

13.98

-0.01 (-0.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-0.07%
1 Week0.07%
2 Weeks0.22%
1 Month0.87%
3 Month1.82%
6 Month15.82%
12 Month11.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%0.25%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High14.01
10 Day Low13.95
20 Day High14.02
20 Day Low13.87
52 Week High14.22
52 Week Low10.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume471.00K
Volume Incr231.62%
Vol(5)745.52K
Vol(50)222.62K