ARCOS DORADOS HOLDINGS INC-A (ARCO) Stock Technical Analysis
NYSE:ARCO - New York Stock Exchange, Inc. - VGG0457F1071 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ARCO. ARCO'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ARCO is a bad performer in the overall market: 76% of all stocks are doing better.
ARCO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ARCO has a been trading in the 6.66 - 7.86 range, which is quite wide. It is currently trading near the high of this range.
ARCO has an average volume of 1714560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ARCO is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 45% of 136 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ARCO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.74. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ARCO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.79
8.57
3 important support areas can be observed.
- A support zone ranging from 7.27 to 7.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.14 to 7.15. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @6.86 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 7.74 to 7.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.07 from a trend line in the daily time frame.
- Resistance @8.30 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8.48 to 8.49. 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
CRS24.81
Mansfield-1.09
10 Day High7.77
10 Day Low7.23
20 Day High7.86
20 Day Low6.66
52 Week High11.49
52 Week Low6.66
Performance
1 Week1.59%
2 Weeks3.08%
1 Month-3.75%
3 Month-0.77%
6 Month-9.32%
12 Month-31.71%
2 Year-8.99%
3 Year-1.66%
5 Year100.84%
10 Year41.43%
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)0.06
RSI(14)52.62
LBB7.08
UBB7.87
7.69
+0.14 (+1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.85%
1 Week1.59%
2 Weeks3.08%
1 Month-3.75%
3 Month-0.77%
6 Month-9.32%
12 Month-31.71%
2 Year-8.99%
3 Year-1.66%
5 Year100.84%
10 Year41.43%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%4.35%
ATR Inc-37.85%
Range Today0.11
ADR(20)0.31
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.81
Mansfield-1.09
10 Day High7.77
10 Day Low7.23
20 Day High7.86
20 Day Low6.66
52 Week High11.49
52 Week Low6.66
CS1 End7.36
CR1 Start7.74
Volume & EV
DER(3)4.71%
DER(5)1.99%
Volume761.60K
Volume Incr-63.45%
Vol(5)848.86K
Vol(50)1.71M