ARLO TECHNOLOGIES INC (ARLO) Stock Technical Analysis
USA - NYSE:ARLO - US04206A1016 - Common Stock
We assign a technical rating of 3 out of 10 to ARLO. Although ARLO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ARLO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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8.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.82 to 14.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.72 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.50 to 17.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for ARLO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARLO is down. |
| ChartMill Relative Strength | 78.39 | POSITIVE | ARLO has a high relative strength, it outperformed 78.39% off all stocks 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 | POSITIVE | The current price of ARLO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.25 | NEUTRAL | The RSI value for ARLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests ARLO has a negative trend. |
| Stochastics (14,3) | 10.09 | OVERSOLD | The low Stochastics value suggests ARLO may be oversold. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for ARLO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.14 | NEUTRAL | The ADX value for ARLO suggests a possible start of a new trend. |
15.41
-0.36 (-2.28%)
ARLO TECHNOLOGIES INC / ARLO FAQ
What is the ChartMill technical rating of ARLO TECHNOLOGIES INC (ARLO) stock?
ChartMill assigns a technical rating of 3 / 10 to ARLO.
What is the trend direction for ARLO stock?
The current trend direction for ARLO TECHNOLOGIES INC (ARLO) is Bearish.
What is the RSI signal for ARLO TECHNOLOGIES INC (ARLO) stock?
ARLO TECHNOLOGIES INC (ARLO) has an RSI value of 34.2525. This indicates that the stock is currently neutral.
What is the short term momentum for ARLO TECHNOLOGIES INC (ARLO) stock?
The short term momentum for ARLO TECHNOLOGIES INC (ARLO) is negative.
Can you provide the support and resistance levels for ARLO TECHNOLOGIES INC?
ARLO TECHNOLOGIES INC (ARLO) has a support level at 14.82 and a resistance level at 17.5. Check the full technical report for our detailed analysis of ARLO support and resistance levels.