TRADR 2X LONG ACHR DAILY ETF (ARCX) Stock Technical Analysis
USA - NYSEARCA:ARCX - US46092D7802 - ETF
13.84 USD
+0.69 (+5.25%)
13.96 USD
+0.12 (+0.87%)
Taking everything into account, ARCX scores 2 out of 10 in our technical rating. ARCX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ARCX is a bad performer in the overall market: 100% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month ARCX has a been trading in the 10.85 - 15.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ARCX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.70
13.98
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 | UP | POSITIVE | The long term trend for ARCX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARCX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ARCX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ARCX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARCX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 49.37 | NEUTRAL | The RSI value for ARCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests ARCX has a positive trend. |
| Stochastics (14,3) | 71.95 | NEUTRAL | The Stochastics value for ARCX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.77 | HIGH VOLATILITY | The high ATR as a percentage value for ARCX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.96 | NEGATIVE | The low ADX value for ARCX suggests a weak or negative 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)
13.84
+0.69 (+5.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.25%
1 Week19.11%
2 Weeks19.31%
1 Month-1.56%
3 Month-26.44%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%7.77%
ATR Inc8.03%
Range Today1.04
ADR(20)1
ADR(20)%7.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High14.5
10 Day Low10.85
20 Day High15.8
20 Day Low10.85
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)9.11%
DER(5)6.61%
Volume331.10K
Volume Incr169.93%
Vol(5)347.26K
Vol(50)205.81K