TRADR 2X LONG ACHR DAILY ETF (ARCX) Stock Technical Analysis
NYSEARCA:ARCX - NYSE Arca - US46092D7802 - ETF - Currency: USD
Taking everything into account, ARCX scores 1 out of 10 in our technical rating. In the last year, ARCX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than ARCX.
In the last month ARCX has a been trading in the 15.25 - 33.07 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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
15.61
15.93
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 | 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 | NEGATIVE | The current price of ARCX is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 39.17 | NEUTRAL | The RSI value for ARCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.98 | NEGATIVE | The MACD value suggests ARCX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.77 | OVERSOLD | The low Stochastics value suggests ARCX may be oversold. |
| Average True Range in percent/ATR (20) | 18.03 | HIGH VOLATILITY | The high ATR as a percentage value for ARCX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.32 | 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)
15.77
-0.35 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.17%
1 Week0.57%
2 Weeks-26.86%
1 Month-20.53%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.08
ATR(20)%18.03%
ATR Inc-52.74%
Range Today1.15
ADR(20)2.77
ADR(20)%17.57%
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 High22.86
10 Day Low15.25
20 Day High33.07
20 Day Low15.25
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-5.85%
DER(5)-4.77%
Volume221.60K
Volume Incr-23.88%
Vol(5)167.96K
Vol(50)N/A