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(ARL.DE) Stock Technical Analysis

Europe - Frankfurt Stock Exchange - FRA:ARL - DE0005408116 - Common Stock

33.2 EUR
0 (0%)
Last: 10/11/2023, 7:00:00 PM
Technical Rating and Analysis

6

Taking everything into account, ARL scores 6 out of 10 in our technical rating. In the last year, ARL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

  • Warning: ARL has an average volume of 8032 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • Both the short term and long term trends are positive. This is a very positive sign.
  • ARL is one of the better performing stocks in the Financial Services industry, it outperforms 72% of 60 stocks in the same industry.
  • When compared to the yearly performance of all other stocks, ARL outperforms 58% of them, which is more or less in line with the market.
  • ARL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARL is lagging the market.
  • In the last month ARL has a been trading in a tight range between 32.55 and 33.30.
  • Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
 / ARL Weekly stock chart
 / ARL Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, ARL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 33.16, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

32.36

34.55

When analyzing the support we notice one important area.

  • A support zone ranging from 32.69 to 33.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 2 important resistance areas.

  • Resistance @33.22 from a trend line in the weekly time frame.
  • A resistance zone ranging from 33.80 to 34.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ARL.DE is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ARL.DE is up.
ChartMill Relative Strength58.98NEUTRALARL.DE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ARL.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ARL.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ARL.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)56.43NEUTRALThe RSI value for ARL.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests ARL.DE has a positive trend, although the MACD value is declining.
Stochastics (14,3)74.29NEUTRALThe Stochastics value for ARL.DE is a neutral value.
Average True Range in percent/ATR (20)0.61LOW VOLATILITYThe low ATR as a percentage value for ARL.DE suggests low volalility.
Average Directional Index/ADX (14)14.19NEGATIVEThe low ADX value for ARL.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
33.2332.990.24 (0.72%)25.00%
An entry @33.23. This is a Buy Stop order right above the resistance zone.An exit @32.99. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.24 points, which is 0.72%.For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of ARL. Please evaluate whether better entry and exit points can be found.
  • 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.
 / ARL Daily stock chart

FRA:ARL (10/11/2023, 7:00:00 PM)

33.2

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week0.15%
2 Weeks0%
1 Month1.53%
3 Month0.15%
6 Month0.91%
12 Month0.61%
2 Year20.12%
3 Year124.48%
5 Year0.88%
10 Year17.21%
15 Year426.98%
Volatility
ATR(14)0.17
ATR(20)%0.61%
ATR Inc-35.19%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.98
3 months CRSN/A
6 months CRSN/A
Mansfield-0.47
10 Day High33.25
10 Day Low33
20 Day High33.3
20 Day Low32.55
52 Week High34.55
52 Week Low32.3
CS1 End33.16
CR1 Start33.22
Volume & EV
DER(3)0%
DER(5)-0.08%
Volume23.63K
Volume Incr292.3%
Vol(5)27.67K
Vol(50)8.03K

/ ARL.DE FAQ

Can you provide the ChartMill technical rating for ?

ChartMill assigns a technical rating of 6 / 10 to ARL.DE.


What is the current trend direction of (ARL.DE) stock?

The current trend direction for (ARL.DE) is Bullish.


What is the RSI signal for (ARL.DE) stock?

(ARL.DE) has an RSI value of 56.4301. This indicates that the stock is currently neutral.


What is the buy/sell signal for (ARL.DE) stock?

The buy/sell signal for (ARL.DE) is buy as both the short term and long term trends are positive.


Can you provide the support and resistance levels for ?

(ARL.DE) has a support level at 33.16 and a resistance level at 33.22. Check the full technical report for our detailed analysis of ARL.DE support and resistance levels.