We assign a technical rating of 4 out of 10 to ARKO. ARKO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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.
3.76
We found 4 important support areas.
We can see 2 important resistance areas.
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 | 19.78 | NEGATIVE | ARKO has a low relative strength, it was outperformed by 80.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARKO is below 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) | UP | POSITIVE | The current price of ARKO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.79 | NEUTRAL | The RSI value for ARKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ARKO has a negative trend. |
| Stochastics (14,3) | 8.95 | OVERSOLD | The low Stochastics value suggests ARKO may be oversold. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKO suggests some volalility. |
| Average Directional Index/ADX (14) | 26.41 | POSITIVE | The high ADX value value for ARKO suggests a strong trend. |
4.67
+0.04 (+0.86%)
ChartMill assigns a technical rating of 4 / 10 to ARKO.
The current trend direction for ARKO CORP (ARKO) is Bearish.
ARKO CORP (ARKO) has an RSI value of 45.7883. This indicates that the stock is currently neutral.
The MACD indicator for ARKO CORP (ARKO) has a value of -0.0551817, indicating a bearish trend.
The short term momentum for ARKO CORP (ARKO) is negative.