ARKO CORP (ARKO) Stock Technical Analysis
USA - NASDAQ:ARKO - US0412421085 - Common Stock
4.99 USD
-0.09 (-1.77%)
5.02 USD
+0.03 (+0.6%)
We assign a technical rating of 7 out of 10 to ARKO. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ARKO is a bad performer.
When comparing the yearly performance of all stocks, ARKO is a bad performer in the overall market: 82% of all stocks are doing better.
ARKO is part of the Specialty Retail industry. There are 121 other stocks in this industry, of which 65% are performing better than ARKO.
The long and short term trends are both positive. This is looking good!
In the last month ARKO has a been trading in the 4.79 - 5.25 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
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.
ARKO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.85, a Stop Loss order could be placed below this zone.
More info and screens
3.97
7.46
We found 3 important support areas.
- A support zone ranging from 4.81 to 4.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.17 from a horizontal line in the daily time frame.
- A support zone ranging from 4.01 to 4.07. 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 5.12 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 @7.39 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 | UP | POSITIVE | The long term trend for ARKO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARKO is up. |
| ChartMill Relative Strength | 18.54 | NEGATIVE | ARKO has a low relative strength, it was outperformed by 81.46% 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) | DOWN | NEGATIVE | The current price of ARKO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.26 | NEUTRAL | The RSI value for ARKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ARKO has a negative trend. |
| Stochastics (14,3) | 58.36 | NEUTRAL | The Stochastics value for ARKO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.39 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.21 | 4.80 | 0.41 (7.93%) | 12.60% |
| An entry @5.21. This is a Buy Stop order right above the resistance zone. | An exit @4.80. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.41 points, which is 7.93%. | For a 1.00% total portfolio risk, you can invest 12.60% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
4.99
-0.09 (-1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.77%
1 Week0%
2 Weeks2.67%
1 Month1.01%
3 Month13.15%
6 Month20.82%
12 Month-27.79%
2 Year-30.21%
3 Year-46.86%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%3.74%
ATR Inc9.02%
Range Today0.28
ADR(20)0.18
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.54
Mansfield-1.82
10 Day High5.25
10 Day Low4.81
20 Day High5.25
20 Day Low4.79
52 Week High7.84
52 Week Low3.51
CS1 End4.85
CR1 Start5.12
Volume & EV
DER(3)-2.19%
DER(5)2.17%
Volume549.70K
Volume Incr-0.51%
Vol(5)524.60K
Vol(50)439.45K