ARCOS DORADOS HOLDINGS INC-A (ARCO) Stock Technical Analysis
USA - NYSE:ARCO - VGG0457F1071 - Common Stock
Overall ARCO gets a technical rating of 5 out of 10. In the last year, ARCO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ARCO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.46
We found 3 important support areas.
- Support @7.54 from a trend line in the daily time frame.
- A support zone ranging from 6.99 to 7.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.53 to 6.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.59 to 7.63. 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 | NEUTRAL | NEUTRAL | The long term trend for ARCO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARCO is up. |
| ChartMill Relative Strength | 26.64 | NEGATIVE | ARCO has a low relative strength, it was outperformed by 73.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.92 | NEUTRAL | The RSI value for ARCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ARCO has a positive trend. |
| Stochastics (14,3) | 43.61 | NEUTRAL | The Stochastics value for ARCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for ARCO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.18 | NEGATIVE | The low ADX value for ARCO suggests a weak or negative trend. |
7.59
+0.38 (+5.27%)
ARCOS DORADOS HOLDINGS INC-A / ARCO FAQ
Can you provide the ChartMill technical rating for ARCOS DORADOS HOLDINGS INC-A?
ChartMill assigns a technical rating of 5 / 10 to ARCO.
What is the trend direction for ARCO stock?
The current trend direction for ARCOS DORADOS HOLDINGS INC-A (ARCO) is Bearish.
What is the RSI signal for ARCO stock?
ARCOS DORADOS HOLDINGS INC-A (ARCO) has an RSI value of 64.9215. This indicates that the stock is currently neutral.
What is the support and resistance level for ARCO stock?
ARCOS DORADOS HOLDINGS INC-A (ARCO) has a support level at 7.54 and a resistance level at 7.59. Check the full technical report for our detailed analysis of ARCO support and resistance levels.