ARM HOLDINGS PLC-ADR (ARM) Stock Technical Analysis
NASDAQ:ARM - Nasdaq - US0420682058 - ADR - Currency: USD
We assign a technical rating of 9 out of 10 to ARM. 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.
The long and short term trends are both positive. This is looking good!
ARM is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 77% of 110 stocks in the same industry.
In the last month ARM has a been trading in the 121.56 - 157.23 range, which is quite wide. It is currently trading near the high of this range.
ARM has an average volume of 4884040 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 ARM is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ARM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ARM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
86.32
164.16
4 important support areas can be observed.
- A support zone ranging from 141.75 to 143.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 132.50 to 137.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @94.00 from a trend line in the weekly time frame.
- Support @87.19 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @162.53 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for ARM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARM is up. |
| ChartMill Relative Strength | 83.94 | POSITIVE | ARM has a high relative strength, it outperformed 83.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.02 | OVERBOUGHT | The high RSI value suggests ARM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.33 | POSITIVE | The MACD value suggests ARM has a positive trend. |
| Stochastics (14,3) | 93.23 | OVERBOUGHT | The high Stochastics value suggests ARM may be overbought. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for ARM suggests some volalility. |
| Average Directional Index/ADX (14) | 27.92 | POSITIVE | The high ADX value value for ARM suggests a strong trend. |
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)
156.41
+7.08 (+4.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg4.74%
1 Week10.12%
2 Weeks12.84%
1 Month22.98%
3 Month45.09%
6 Month21.06%
12 Month-4.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.94
ATR(20)%3.94%
ATR Inc35.8%
Range Today6.33
ADR(20)5.71
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.94
Mansfield0.86
10 Day High157.23
10 Day Low134.57
20 Day High157.23
20 Day Low121.56
52 Week High188.75
52 Week Low80
CS1 End143.88
CR1 Start162.53
Volume & EV
DER(3)2.64%
DER(5)2.7%
Volume5.59M
Volume Incr12.78%
Vol(5)4.73M
Vol(50)4.88M