Overall ARM gets a technical rating of 0 out of 10. ARM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ARM 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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86.32
When analyzing the support we notice one important area.
- Support @87.19 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 131.81 to 132.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @169.44 from a trend 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 | DOWN | NEGATIVE | The long term trend for ARM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARM is down. |
| ChartMill Relative Strength | 17.41 | NEGATIVE | ARM has a low relative strength, it was outperformed by 82.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.79 | OVERSOLD | The low RSI value suggests ARM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.98 | NEGATIVE | The MACD value suggests ARM has a negative trend. |
| Stochastics (14,3) | 4.46 | OVERSOLD | The low Stochastics value suggests ARM may be oversold. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ARM suggests some volalility. |
| Average Directional Index/ADX (14) | 29.96 | POSITIVE | The high ADX value value for ARM suggests a strong trend. |
114.03
+0.52 (+0.46%)
ARM HOLDINGS PLC-ADR / ARM FAQ
What is the technical rating for ARM stock?
ChartMill assigns a technical rating of 0 / 10 to ARM.
What is the current trend direction of ARM HOLDINGS PLC-ADR (ARM) stock?
The current trend direction for ARM HOLDINGS PLC-ADR (ARM) is Bearish.
What is the RSI signal for ARM stock?
ARM HOLDINGS PLC-ADR (ARM) has an RSI value of 23.7928. This indicates that the stock is currently oversold.
What is the buy/sell signal for ARM HOLDINGS PLC-ADR (ARM) stock?
The buy/sell signal for ARM HOLDINGS PLC-ADR (ARM) is sell as both the short term and long term trends are negative.
What is the support and resistance level for ARM stock?
ARM HOLDINGS PLC-ADR (ARM) has a support level at 87.19 and a resistance level at 131.81. Check the full technical report for our detailed analysis of ARM support and resistance levels.