ARENA GROUP HOLDINGS INC/THE (AREN) Technical Analysis
NYSEARCA:AREN • US0400441095
Current stock price
AREN Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to AREN. Recently some decent action could be observed, but in the medium term time frame this is still negative. AREN was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, AREN is a bad performer in the overall market: 95% of all stocks are doing better.
- AREN is one of the lesser performing stocks in the Interactive Media & Services industry. 77% of 69 stocks in the same industry do better.
- AREN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month AREN has a been trading in the 1.72 - 2.60 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AREN Weekly and Daily overview Charts
AREN Setup Rating and Analysis
The technical rating of AREN is bad and it also does not present a 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
AREN Support and Resistance Analysis
AREN Technical Indicator Signal Analysis
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 AREN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AREN is up. |
| ChartMill Relative Strength | 5.96 | NEGATIVE | AREN has a low relative strength, it was outperformed by 94.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AREN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AREN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AREN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.65 | NEUTRAL | The RSI value for AREN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests AREN has a positive trend. |
| Stochastics (14,3) | 92.99 | OVERBOUGHT | The high Stochastics value suggests AREN may be overbought. |
| Average True Range in percent/ATR (20) | 6.52 | HIGH VOLATILITY | The high ATR as a percentage value for AREN suggests high volalility. |
| Average Directional Index/ADX (14) | 25.76 | POSITIVE | The high ADX value value for AREN suggests a strong trend. |
AREN Chart- and CandleStick Pattern Analysis
AREN Technicals: Chart, Performance Metrics, Trend & Indicators
2.6
+0.08 (+3.17%)
ARENA GROUP HOLDINGS INC/THE / AREN TA FAQ
What is the technical rating for AREN stock?
ChartMill assigns a technical rating of 2 / 10 to AREN.
What is the current trend direction of ARENA GROUP HOLDINGS INC/THE (AREN) stock?
The current trend direction for ARENA GROUP HOLDINGS INC/THE (AREN) is Bearish.
Can you provide the RSI signal for ARENA GROUP HOLDINGS INC/THE?
ARENA GROUP HOLDINGS INC/THE (AREN) has an RSI value of 63.6511. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ARENA GROUP HOLDINGS INC/THE?
The MACD indicator for ARENA GROUP HOLDINGS INC/THE (AREN) has a value of 0.105072, indicating a bearish trend.
What is the buy/sell signal for AREN stock?
The buy/sell signal for ARENA GROUP HOLDINGS INC/THE (AREN) is hold as the short term and long term trends are mixed.