We assign a technical rating of 0 out of 10 to ARKO. ARKO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ARKO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.45. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ARKO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.75
4 important support areas can be observed.
- A support zone ranging from 4.31 to 4.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.17 from a horizontal line in the daily time frame.
- Support @4.10 from a trend line in the daily time frame.
- A support zone ranging from 3.79 to 3.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.45 to 4.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.20 from a horizontal line in the weekly time frame.
- Resistance @5.29 from a horizontal line in the daily time frame.
- Resistance @7.30 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 | 14.02 | NEGATIVE | ARKO has a low relative strength, it was outperformed by 85.98% 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) | DOWN | MIXED | The current price of ARKO is above a declining 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) | 54.04 | NEUTRAL | The RSI value for ARKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ARKO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.33 | NEUTRAL | The Stochastics value for ARKO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.75 | NEUTRAL | The ADX value for ARKO suggests a possible start of a new trend. |
4.45
+0.3 (+7.23%)
ARKO CORP / ARKO FAQ
What is the ChartMill technical rating of ARKO CORP (ARKO) stock?
ChartMill assigns a technical rating of 0 / 10 to ARKO.
What is the current trend direction of ARKO CORP (ARKO) stock?
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 54.042. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ARKO CORP?
The MACD indicator for ARKO CORP (ARKO) has a value of -0.000463782, indicating a bearish trend.
What is the short term momentum for ARKO stock?
The short term momentum for ARKO CORP (ARKO) is neutral.