ARKO CORP (ARKO) Technical Analysis
NASDAQ:ARKO • US0412421085
Current stock price
ARKO Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to ARKO. Although ARKO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month ARKO has a been trading in the 4.91 - 6.59 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, ARKO did better than 77% of all other stocks. We also observe that the gains produced by ARKO over the past year are nicely spread over this period.
- ARKO is part of the Specialty Retail industry. There are 124 other stocks in this industry. ARKO outperforms 77% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- ARKO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARKO is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
ARKO Weekly and Daily overview Charts
ARKO Setup Rating and Analysis
ARKO has an average technical rating and it also does not offer a high quality setup 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
ARKO Support and Resistance Analysis
3.76
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.98 to 5.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.82 from a trend line in the daily time frame.
- Support @3.91 from a horizontal line in the daily time frame.
- Support @3.80 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.02 to 5.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @6.21 from a trend line in the daily time frame.
- Resistance @6.51 from a trend line in the weekly time frame.
ARKO 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ARKO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARKO is down. |
| ChartMill Relative Strength | 77.19 | POSITIVE | ARKO has a high relative strength, it outperformed 77.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARKO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ARKO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARKO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.37 | NEUTRAL | The RSI value for ARKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests ARKO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.76 | OVERSOLD | The low Stochastics value suggests ARKO may be oversold. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for ARKO suggests high volalility. |
| Average Directional Index/ADX (14) | 29.46 | POSITIVE | The high ADX value value for ARKO suggests a strong trend. |
ARKO Chart- and CandleStick Pattern Analysis
ARKO Technicals: Chart, Performance Metrics, Trend & Indicators
5.01
-0.18 (-3.47%)
ARKO CORP / ARKO TA FAQ
What is the ChartMill technical rating of ARKO CORP (ARKO) stock?
ChartMill assigns a technical rating of 4 / 10 to ARKO.
Can you provide the trend direction for ARKO CORP?
The current trend direction for ARKO CORP (ARKO) is Bearish.
What is the RSI signal for ARKO CORP (ARKO) stock?
ARKO CORP (ARKO) has an RSI value of 33.3718. This indicates that the stock is currently neutral.
What is the MACD signal for ARKO CORP (ARKO) stock?
The MACD indicator for ARKO CORP (ARKO) has a value of -0.122635, indicating a bearish trend.
Can you provide the support and resistance levels for ARKO CORP?
ARKO CORP (ARKO) has a support level at 5 and a resistance level at 5.02. Check the full technical report for our detailed analysis of ARKO support and resistance levels.