ARHAUS INC (ARHS) Stock Technical Analysis
NASDAQ:ARHS - Nasdaq - US04035M1027 - Common Stock - Currency: USD
Overall ARHS gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ARHS was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ARHS is a bad performer in the overall market: 88% of all stocks are doing better.
ARHS is one of the lesser performing stocks in the Specialty Retail industry. 68% of 120 stocks in the same industry do better.
ARHS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARHS is lagging the market.
In the last month ARHS has a been trading in the 7.65 - 9.11 range, which is quite wide. It is currently trading near the high of this range.
ARHS has an average volume of 1883570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, ARHS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ARHS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.03
13.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.31 to 8.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.11 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.99 to 8.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.65 from a trend line in the weekly time frame.
- Resistance @12.21 from a trend line in the weekly time frame.
- Resistance @13.33 from a horizontal line in the daily 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 ARHS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARHS is up. |
| ChartMill Relative Strength | 12.4 | NEGATIVE | ARHS has a low relative strength, it was outperformed by 87.6% 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) | DOWN | MIXED | The current price of ARHS is above 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) | 58.5 | NEUTRAL | The RSI value for ARHS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ARHS has a positive trend. |
| Stochastics (14,3) | 82.6 | OVERBOUGHT | The high Stochastics value suggests ARHS may be overbought. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for ARHS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for ARHS 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)
8.98
+0.23 (+2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.63%
1 Week9.38%
2 Weeks7.16%
1 Month11.69%
3 Month-5.67%
6 Month-9.57%
12 Month-52.26%
2 Year27.02%
3 Year55.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%5.01%
ATR Inc-3.01%
Range Today0.52
ADR(20)0.41
ADR(20)%4.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.4
Mansfield-2.33
10 Day High9.05
10 Day Low7.94
20 Day High9.11
20 Day Low7.65
52 Week High19.81
52 Week Low6.61
CS1 End8.43
CR1 Start8.99
Volume & EV
DER(3)5.6%
DER(5)4.04%
Volume1.53M
Volume Incr-14.33%
Vol(5)1.61M
Vol(50)1.88M