AMERICAN RAILCAR INDS INC (ARII) Stock Technical Analysis
NASDAQ:ARII - Nasdaq - US02916P1030
Overall ARII gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARII is showing a nice and steady performance.
ARII has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 69.90, a Stop Loss order could be placed below this zone.
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37.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 69.85 to 69.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.04 to 48.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.08 from a horizontal line in the daily time frame.
- Support @38.09 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 70.02 to 70.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 ARII is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARII is up. |
| ChartMill Relative Strength | 98.53 | POSITIVE | ARII has a high relative strength, it outperformed 98.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARII is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARII is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.28 | OVERBOUGHT | The high RSI value suggests ARII may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.71 | NEGATIVE | The MACD value suggests ARII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.84 | NEUTRAL | The Stochastics value for ARII is a neutral value. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for ARII suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 70.31 | 69.84 | 0.47 (0.67%) | 25.00% |
| An entry @70.31. This is a Buy Stop order right above the 10 day high. | An exit @69.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.47 points, which is 0.67%. | For a 0.17% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:ARII (12/4/2018, 8:00:00 PM)
69.97
-0.06 (-0.09%)