ARKO CORP (ARKO) Stock Technical Analysis
NASDAQ:ARKO - US0412421085 - Common Stock
5.19 USD
+0.17 (+3.39%)
5.22 USD
+0.03 (+0.58%)
We assign a technical rating of 6 out of 10 to ARKO. ARKO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, ARKO is a bad performer in the overall market: 74% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ARKO has a been trading in the 3.88 - 5.22 range, which is quite wide. It is currently trading near the high of this range.
ARKO is an average performer in the Specialty Retail industry, it outperforms 42% of 124 stocks in the same industry.
ARKO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARKO is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ARKO has an average technical rating and the quality of the presented setup is also not ideal 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
3.92
7.50
3 important support areas can be observed.
- A support zone ranging from 4.84 to 4.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.17 from a horizontal line in the daily time frame.
- A support zone ranging from 3.96 to 4.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.20 to 5.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.29 from a horizontal line in the daily time frame.
- Resistance @7.43 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 | NEUTRAL | NEUTRAL | The long term trend for ARKO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARKO is up. |
| ChartMill Relative Strength | 26.95 | NEGATIVE | ARKO has a low relative strength, it was outperformed by 73.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARKO is above the rising 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) | 64.6 | NEUTRAL | The RSI value for ARKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ARKO has a positive trend. |
| Stochastics (14,3) | 90.6 | OVERBOUGHT | The high Stochastics value suggests ARKO may be overbought. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKO suggests some volalility. |
| Average Directional Index/ADX (14) | 23.49 | NEUTRAL | The ADX value for ARKO suggests a possible start of a new 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)
5.19
+0.17 (+3.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg3.39%
1 Week7.01%
2 Weeks6.57%
1 Month11.37%
3 Month15.33%
6 Month-31.26%
12 Month-18.01%
2 Year-31.08%
3 Year-45.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%4.81%
ATR Inc-30.48%
Range Today0.19
ADR(20)0.23
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.95
Mansfield-1.57
10 Day High5.22
10 Day Low4.69
20 Day High5.22
20 Day Low3.88
52 Week High7.84
52 Week Low3.51
CS1 End4.84
CR1 Start5.2
Volume & EV
DER(3)4.67%
DER(5)0.96%
Volume747.60K
Volume Incr27.46%
Vol(5)542.22K
Vol(50)505.96K