Taking everything into account, ARHS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARHS is showing a nice and steady performance.
ARHS has an excellent technical rating, but the quality of the setup is only medium 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
8.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.16 to 9.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.68 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @12.60 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 12.81 to 12.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.14 from a horizontal 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 | UP | POSITIVE | The long term trend for ARHS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARHS is up. |
| ChartMill Relative Strength | 82.01 | POSITIVE | ARHS has a high relative strength, it outperformed 82.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARHS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARHS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARHS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.28 | OVERBOUGHT | The high RSI value suggests ARHS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ARHS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.5 | OVERBOUGHT | The high Stochastics value suggests ARHS may be overbought. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for ARHS suggests some volalility. |
| Average Directional Index/ADX (14) | 28.34 | POSITIVE | The high ADX value value for ARHS suggests a strong trend. |
11.69
-0.04 (-0.34%)
ARHAUS INC / ARHS FAQ
Can you provide the ChartMill technical rating for ARHAUS INC?
ChartMill assigns a technical rating of 10 / 10 to ARHS.
Can you provide the trend direction for ARHAUS INC?
The current trend direction for ARHAUS INC (ARHS) is Bullish.
Can you provide the RSI signal for ARHAUS INC?
ARHAUS INC (ARHS) has an RSI value of 70.2758. This indicates that the stock is currently overbought.
What is the MACD signal for ARHS stock?
The MACD indicator for ARHAUS INC (ARHS) has a value of 0.0815222, indicating a bearish trend.
What are the support and resistance levels for ARHAUS INC (ARHS) stock?
ARHAUS INC (ARHS) has a support level at 9.27 and a resistance level at 12.6. Check the full technical report for our detailed analysis of ARHS support and resistance levels.