ARHAUS INC (ARHS) Stock Technical Analysis
NASDAQ:ARHS • US04035M1027
Overall ARHS gets a technical rating of 0 out of 10. ARHS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, ARHS is a bad performer in the overall market: 83% of all stocks are doing better.
- ARHS is one of the lesser performing stocks in the Specialty Retail industry. 66% of 123 stocks in the same industry do better.
- In the last month ARHS has a been trading in the 8.13 - 11.23 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- ARHS has an average volume of 1233460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- ARHS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARHS is lagging the market.
The technical rating of ARHS 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
8.17
6 important resistance areas can be observed.
- Resistance @9.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.75 to 10.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.21 from a trend line in the weekly time frame.
- Resistance @11.40 from a trend line in the daily time frame.
- Resistance @12.60 from a horizontal line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for ARHS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARHS is down. |
| ChartMill Relative Strength | 17.54 | NEGATIVE | ARHS has a low relative strength, it was outperformed by 82.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARHS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARHS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARHS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.96 | NEUTRAL | The RSI value for ARHS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ARHS has a negative trend. |
| Stochastics (14,3) | 16.13 | OVERSOLD | The low Stochastics value suggests ARHS may be oversold. |
| Average True Range in percent/ATR (20) | 8.25 | HIGH VOLATILITY | The high ATR as a percentage value for ARHS suggests high volalility. |
| Average Directional Index/ADX (14) | 27.12 | POSITIVE | The high ADX value value for ARHS suggests a strong trend. |
8.25
-1.01 (-10.91%)
ARHAUS INC / ARHS FAQ
Can you provide the ChartMill technical rating for ARHAUS INC?
ChartMill assigns a technical rating of 0 / 10 to ARHS.
What is the current trend direction of ARHAUS INC (ARHS) stock?
The current trend direction for ARHAUS INC (ARHS) is Bearish.
Can you provide the RSI signal for ARHAUS INC?
ARHAUS INC (ARHS) has an RSI value of 35.9592. This indicates that the stock is currently neutral.
What is the MACD signal for ARHS stock?
The MACD indicator for ARHAUS INC (ARHS) has a value of -0.0944171, indicating a bearish trend.
Can you provide the support and resistance levels for ARHAUS INC?
ARHAUS INC (ARHS) has a resistance level at 9.27. Check the full technical report for our detailed analysis of ARHS support and resistance levels.