USA - New York Stock Exchange - NYSE:ARLO - US04206A1016 - Common Stock
Taking everything into account, ARLO scores 0 out of 10 in our technical rating. ARLO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ARLO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 13.36, a Stop Loss order could be placed below this zone.
13.09
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 ARLO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARLO is down. |
| ChartMill Relative Strength | 32.97 | NEUTRAL | ARLO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARLO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARLO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ARLO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.95 | NEUTRAL | The RSI value for ARLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ARLO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.69 | NEUTRAL | The Stochastics value for ARLO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for ARLO suggests some volalility. |
| Average Directional Index/ADX (14) | 29.95 | POSITIVE | The high ADX value value for ARLO suggests a strong trend. |
13.58
-0.26 (-1.88%)
ChartMill assigns a technical rating of 0 / 10 to ARLO.
The current trend direction for ARLO TECHNOLOGIES INC (ARLO) is Bearish.
ARLO TECHNOLOGIES INC (ARLO) has an RSI value of 42.9493. This indicates that the stock is currently neutral.
The MACD indicator for ARLO TECHNOLOGIES INC (ARLO) has a value of 0.0457639, indicating a bearish trend.
The short term momentum for ARLO TECHNOLOGIES INC (ARLO) is negative.