ARKO Technical Analysis - ARKO CORP

Technical Rating and Analysis

Overall ARKO gets a technical rating of 0 out of 10. 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, ARKO is a bad performer in the overall market: 92% of all stocks are doing better.

ARKO is part of the Specialty Retail industry. There are 120 other stocks in this industry, of which 76% are performing better than ARKO.

ARKO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month ARKO has a been trading in the 3.71 - 5.25 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of ARKO is bad and it also does not present a 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.75

7.42

We found 1 important support area.

Support @3.79 from a horizontal line in the weekly time frame.

5 important resistance areas can be observed.

A resistance zone ranging from 4.17 to 4.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 4.74 to 4.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 5.16 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 @7.35 from a trend line in the weekly time frame.

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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	DOWN	NEGATIVE	The long term trend for ARKO is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ARKO is down.
ChartMill Relative Strength	8.98	NEGATIVE	ARKO has a low relative strength, it was outperformed by 91.02% 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)	DOWN	NEGATIVE	The current price of ARKO is below 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)	25.15	OVERSOLD	The low RSI value suggests ARKO may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.08	NEGATIVE	The MACD value suggests ARKO has a negative trend, although the MACD value is rising.
Stochastics (14,3)	11.49	OVERSOLD	The low Stochastics value suggests ARKO may be oversold.
Average True Range in percent/ATR (20)	4.82	MEDIUM VOLATILITY	The ATR as a percentage value for ARKO suggests some volalility.
Average Directional Index/ADX (14)	22.62	NEUTRAL	The ADX value for ARKO suggests a possible start of a new trend.