ARKO CORP (ARKO) Stock Technical Analysis
NASDAQ:ARKO - Nasdaq - US0412421085 - Common Stock - Currency: USD
Overall ARKO gets a technical rating of 2 out of 10. ARKO'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ARKO is a bad performer in the overall market: 85% of all stocks are doing better.
ARKO is part of the Specialty Retail industry. There are 121 other stocks in this industry, of which 63% are performing better than ARKO.
ARKO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ARKO has a been trading in the 4.15 - 4.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ARKO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
3.99
7.56
4 important support areas can be observed.
- A support zone ranging from 4.47 to 4.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.31 to 4.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.12 to 4.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.03 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @4.80 from a horizontal line in the daily time frame.
- Resistance @5.21 from a horizontal line in the weekly time frame.
- Resistance @7.49 from a trend 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 | DOWN | NEGATIVE | The long term trend for ARKO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARKO is neutral. |
| ChartMill Relative Strength | 15.35 | NEGATIVE | ARKO has a low relative strength, it was outperformed by 84.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ARKO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARKO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARKO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.91 | NEUTRAL | The RSI value for ARKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ARKO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.07 | NEUTRAL | The Stochastics value for ARKO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for ARKO suggests high volalility. |
| Average Directional Index/ADX (14) | 10.69 | NEGATIVE | The low ADX value for ARKO 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)
4.54
-0.09 (-1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.94%
1 Week-2.16%
2 Weeks3.18%
1 Month-1.94%
3 Month8.87%
6 Month-28.05%
12 Month-25.7%
2 Year-45.56%
3 Year-50.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%5.09%
ATR Inc-32.49%
Range Today0.15
ADR(20)0.23
ADR(20)%4.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.35
Mansfield-2.75
10 Day High4.73
10 Day Low4.18
20 Day High4.81
20 Day Low4.15
52 Week High7.84
52 Week Low3.51
CS1 End4.54
CR1 Start4.8
Volume & EV
DER(3)1.31%
DER(5)0.51%
Volume331.70K
Volume Incr-47.69%
Vol(5)332.32K
Vol(50)561.62K