Taking everything into account, ARCX scores 0 out of 10 in our technical rating. ARCX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
45.51
3 important resistance areas can be observed.
- Resistance @48.35 from a horizontal line in the weekly time frame.
- Resistance @52.56 from a horizontal line in the daily time frame.
- Resistance @69.70 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for ARCX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARCX is down. |
| 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) | 44.91 | NEUTRAL | The RSI value for ARCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.89 | POSITIVE | The MACD value suggests ARCX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.17 | NEUTRAL | The Stochastics value for ARCX is a neutral value. |
| Average True Range in percent/ATR (20) | 12.11 | HIGH VOLATILITY | The high ATR as a percentage value for ARCX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.32 | NEGATIVE | The low ADX value for ARCX suggests a weak or negative trend. |
45.97
-2.25 (-4.67%)
TRADR 2X LONG ACHR DAILY ETF / ARCX FAQ
Can you provide the ChartMill technical rating for TRADR 2X LONG ACHR DAILY ETF?
ChartMill assigns a technical rating of 0 / 10 to ARCX.
What is the current trend direction of TRADR 2X LONG ACHR DAILY ETF (ARCX) stock?
The current trend direction for TRADR 2X LONG ACHR DAILY ETF (ARCX) is Bearish.
Can you provide the RSI signal for TRADR 2X LONG ACHR DAILY ETF?
TRADR 2X LONG ACHR DAILY ETF (ARCX) has an RSI value of 44.9138. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TRADR 2X LONG ACHR DAILY ETF?
The MACD indicator for TRADR 2X LONG ACHR DAILY ETF (ARCX) has a value of 2.88535, indicating a bullish trend.
Can you provide the support and resistance levels for TRADR 2X LONG ACHR DAILY ETF?
TRADR 2X LONG ACHR DAILY ETF (ARCX) has a resistance level at 48.35. Check the full technical report for our detailed analysis of ARCX support and resistance levels.