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ARISZ ACQUISITION CORP (ARIZ) Stock Technical Analysis

USA - Nasdaq - NASDAQ:ARIZ - US0404501084 - Common Stock

6.03 USD
-2.22 (-26.91%)
Last: 2/29/2024, 8:24:35 PM
6.79 USD
+0.76 (+12.6%)
After Hours: 2/29/2024, 8:24:35 PM
Technical Rating and Analysis

0

Taking everything into account, ARIZ scores 0 out of 10 in our technical rating. ARIZ'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.

94% of all other stocks performed better in the past year than ARIZ.
ARIZ is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ARIZ has a been trading in the 5.01 - 11.95 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.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Weekly and Daily overview Charts
ARISZ ACQUISITION CORP / ARIZ Weekly stock chart
ARISZ ACQUISITION CORP / ARIZ Daily stock chart
Setup Rating and Analysis

0

The technical rating of ARIZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

5.97

11.23

2 important resistance areas can be observed.

  • A resistance zone ranging from 10.62 to 10.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @11.12 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ARIZ is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ARIZ is down.
ChartMill Relative Strength6.23NEGATIVEARIZ has a low relative strength, it was outperformed by 93.77% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ARIZ is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ARIZ is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ARIZ is below a declining SMA(200).
Relative Strength Index/RSI (14)23.87OVERSOLDThe low RSI value suggests ARIZ may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.49NEGATIVEThe MACD value suggests ARIZ has a negative trend.
Stochastics (14,3)34.8NEUTRALThe Stochastics value for ARIZ is a neutral value.
Average True Range in percent/ATR (20)14.81HIGH VOLATILITYThe high ATR as a percentage value for ARIZ suggests high volalility.
Average Directional Index/ADX (14)76.15POSITIVEThe high ADX value value for ARIZ suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
ARISZ ACQUISITION CORP / ARIZ Daily stock chart

ARISZ ACQUISITION CORP

NASDAQ:ARIZ (2/29/2024, 8:24:35 PM)

After market: 6.79 +0.76 (+12.6%)

6.03

-2.22 (-26.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-26.91%
1 Week-46.11%
2 Weeks-46.16%
1 Month-45.72%
3 Month-44.17%
6 Month-43.33%
12 Month-40.88%
2 Year-38.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.2
ATR(20)%14.81%
ATR Inc242.04%
Range Today3.73
ADR(20)0.83
ADR(20)%13.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.23
3 months CRSN/A
6 months CRSN/A
Mansfield-5.06
10 Day High11.27
10 Day Low5.01
20 Day High11.95
20 Day Low5.01
52 Week High11.95
52 Week Low5.01
CS1 EndN/A
CR1 Start10.62
Volume & EV
DER(3)3.58%
DER(5)2.95%
Volume72.90K
Volume Incr31.15%
Vol(5)62.02K
Vol(50)39.84K

ARISZ ACQUISITION CORP / ARIZ FAQ

What is the technical rating for ARIZ stock?

ChartMill assigns a technical rating of 0 / 10 to ARIZ.


What is the current trend direction of ARISZ ACQUISITION CORP (ARIZ) stock?

The current trend direction for ARISZ ACQUISITION CORP (ARIZ) is Bearish.


What is the RSI signal for ARIZ stock?

ARISZ ACQUISITION CORP (ARIZ) has an RSI value of 23.8746. This indicates that the stock is currently oversold.


What are the support and resistance levels for ARISZ ACQUISITION CORP (ARIZ) stock?

ARISZ ACQUISITION CORP (ARIZ) has a resistance level at 10.62. Check the full technical report for our detailed analysis of ARIZ support and resistance levels.