ARLO TECHNOLOGIES INC (ARLO) Technical Analysis
NYSE:ARLO • US04206A1016
Current stock price
ARLO Technical Rating and Analysis
Taking everything into account, ARLO scores 3 out of 10 in our technical rating. ARLO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month ARLO has a been trading in the 12.77 - 15.20 range, which is quite wide. It is currently trading near the lows of this range.
- ARLO has an average volume of 1515690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that ARLO is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- ARLO is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 51% of 124 stocks in the same industry.
- ARLO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARLO is lagging the market.
ARLO Weekly and Daily overview Charts
ARLO Setup Rating and Analysis
Although the technical rating is bad, ARLO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.11, a Stop Loss order could be placed below this zone.
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ARLO Support and Resistance Analysis
11.89
2 important support areas can be observed.
- A support zone ranging from 13.04 to 13.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.01 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.05 to 14.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.70 to 15.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
ARLO 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 ARLO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARLO is down. |
| ChartMill Relative Strength | 77.99 | POSITIVE | ARLO has a high relative strength, it outperformed 77.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARLO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARLO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARLO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.27 | NEUTRAL | The RSI value for ARLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests ARLO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.88 | NEUTRAL | The Stochastics value for ARLO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for ARLO suggests some volalility. |
| Average Directional Index/ADX (14) | 19.18 | NEGATIVE | The low ADX value for ARLO suggests a weak or negative trend. |
ARLO Chart- and CandleStick Pattern Analysis
ARLO Technicals: Chart, Performance Metrics, Trend & Indicators
13.72
+0.6 (+4.57%)
ARLO TECHNOLOGIES INC / ARLO TA FAQ
What is the technical rating for ARLO stock?
ChartMill assigns a technical rating of 3 / 10 to ARLO.
What is the current trend direction of ARLO TECHNOLOGIES INC (ARLO) stock?
The current trend direction for ARLO TECHNOLOGIES INC (ARLO) is Bearish.
Can you provide the RSI signal for ARLO TECHNOLOGIES INC?
ARLO TECHNOLOGIES INC (ARLO) has an RSI value of 49.273. This indicates that the stock is currently neutral.
What is the MACD signal for ARLO stock?
The MACD indicator for ARLO TECHNOLOGIES INC (ARLO) has a value of -0.133733, indicating a bearish trend.
What are the support and resistance levels for ARLO TECHNOLOGIES INC (ARLO) stock?
ARLO TECHNOLOGIES INC (ARLO) has a support level at 13.11 and a resistance level at 14.05. Check the full technical report for our detailed analysis of ARLO support and resistance levels.