ARCOS DORADOS HOLDINGS INC-A (ARCO)
VGG0457F1071 - Common Stock
We assign a technical rating of 2 out of 10 to ARCO. Although ARCO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ARCO is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. ARCO outperforms 70% of them.
In the last month ARCO has a been trading in the 10.51 - 11.29 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ARCO has an average volume of 1253000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that ARCO is one of the better performing stocks in the market, outperforming 70% of all stocks. However, ARCO's most recent performance is quite weak.
ARCO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARCO is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ARCO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.74, a Stop Loss order could be placed below this zone.
More info and screens
8.04
12.03
2 important support areas can be observed.
- A support zone ranging from 10.61 to 10.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.12 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.85 to 11.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.83 to 11.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.7
Mansfield-0.76
10 Day High11.26
10 Day Low10.51
20 Day High11.29
20 Day Low10.51
52 Week High13.2
52 Week Low7.78
Performance
1 Week-0.55%
2 Weeks-1.45%
1 Month-2.52%
3 Month-15.97%
6 Month18.86%
12 Month36.52%
2 Year49.52%
3 Year89.18%
5 Year57.37%
10 Year20.58%
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)0.02
RSI(14)45.57
LBB10.53
UBB11.34
ARCOS DORADOS HOLDINGS INC-A
NYSE:ARCO (4/29/2024, 10:47:44 AM)
10.835
0 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.05%
1 Week-0.55%
2 Weeks-1.45%
1 Month-2.52%
3 Month-15.97%
6 Month18.86%
12 Month36.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%2.44%
ATR Inc
Range Today0.17
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 High11.26
10 Day Low10.51
20 Day High11.29
20 Day Low10.51
52 Week High13.2
52 Week Low7.78
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.79M
Volume Incr-38.31%
Vol(5)808.94K
Vol(50)1.25M