Arm Holdings Plc (ARM.L) Stock Technical Analysis
LON:ARM - London Exchange -
Overall ARM gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ARM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
ARM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ARM has an average volume of 12809900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ARM did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ARM has a been trading in a tight range between 1673.67 and 1702.40.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, ARM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1700.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1698.00, a Stop Loss order could be placed below this zone.
More info and screens
901.59
1,718.02
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1686.99 to 1698.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1098.70 from a trend line in the daily time frame.
- Support @968.58 from a trend line in the weekly time frame.
- Support @910.70 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1700.01 to 1701.01. 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 ARM.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARM.L is up. |
| ChartMill Relative Strength | 98.47 | POSITIVE | ARM.L has a high relative strength, it outperformed 98.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARM.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARM.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARM.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.43 | OVERBOUGHT | The high RSI value suggests ARM.L may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -10.44 | NEGATIVE | The MACD value suggests ARM.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.21 | OVERBOUGHT | The high Stochastics value suggests ARM.L may be overbought. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for ARM.L suggests low volalility. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1,701.02 | 1,684.99 | 16.03 (0.94%) | 25.00% |
| An entry @1701.02. This is a Buy Stop order right above the resistance zone. | An exit @1684.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 16.03 points, which is 0.94%. | For a 0.24% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
1700
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0%
2 Weeks0.77%
1 Month0.77%
3 Month75.98%
6 Month72.94%
12 Month82.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.29
ATR(20)%0.27%
ATR Inc-27.23%
Range Today3.25
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
CRS98.47
Mansfield-9.99
10 Day High1702.4
10 Day Low1685
20 Day High1702.4
20 Day Low1673.67
52 Week High1752
52 Week Low831.64
CS1 End1698
CR1 Start1700.01
Volume & EV
DER(3)0%
DER(5)0%
Volume33.23M
Volume Incr188.66%
Vol(5)33.23M
Vol(50)12.81M