ARKO CORP (ARKO) Stock Technical Analysis
NASDAQ:ARKO • US0412421085
Overall ARKO gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ARKO is only an average performer.
- The long and short term trends are both positive. This is looking good!
- When comparing the performance of all stocks over the past year, ARKO turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- ARKO is an average performer in the Specialty Retail industry, it outperforms 59% of 123 stocks in the same industry.
- 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.
- In the last month ARKO has a been trading in the 5.03 - 6.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ARKO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
3.76
We found 5 important support areas.
- A support zone ranging from 6.06 to 6.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.82 from a trend line in the weekly time frame.
- Support @4.64 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.
We found 1 important resistance area.
- A resistance zone ranging from 6.65 to 6.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 57.85 | NEUTRAL | ARKO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARKO is above 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) | 57.75 | NEUTRAL | The RSI value for ARKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ARKO has a negative trend. |
| Stochastics (14,3) | 63.97 | NEUTRAL | The Stochastics value for ARKO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for ARKO suggests some volalility. |
| Average Directional Index/ADX (14) | 42.81 | POSITIVE | The high ADX value value for ARKO suggests a strong trend. |
6.07
-0.13 (-2.1%)
ARKO CORP / ARKO FAQ
What is the ChartMill technical rating of ARKO CORP (ARKO) stock?
ChartMill assigns a technical rating of 8 / 10 to ARKO.
Can you provide the trend direction for ARKO CORP?
The current trend direction for ARKO CORP (ARKO) is Bullish.
What is the RSI signal for ARKO CORP (ARKO) stock?
ARKO CORP (ARKO) has an RSI value of 57.7531. 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 -0.0478261, indicating a bearish trend.
Can you provide the support and resistance levels for ARKO CORP?
ARKO CORP (ARKO) has a support level at 6.06 and a resistance level at 6.65. Check the full technical report for our detailed analysis of ARKO support and resistance levels.