Taking everything into account, ARM scores 1 out of 10 in our technical rating. ARM 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.
ARM has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
86.32
We found 2 important support areas.
- A support zone ranging from 131.43 to 131.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @87.19 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 135.57 to 135.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @169.91 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 | 42.54 | NEUTRAL | ARM is not amongst the best or worst performers 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) | 37.38 | NEUTRAL | The RSI value for ARM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.11 | NEGATIVE | The MACD value suggests ARM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.35 | NEUTRAL | The Stochastics value for ARM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for ARM suggests high volalility. |
| Average Directional Index/ADX (14) | 26.44 | POSITIVE | The high ADX value value for ARM suggests a strong trend. |
135.56
+2.95 (+2.22%)
ARM HOLDINGS PLC-ADR / ARM FAQ
What is the technical rating for ARM stock?
ChartMill assigns a technical rating of 1 / 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 37.3773. This indicates that the stock is currently neutral.
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 131.56 and a resistance level at 135.57. Check the full technical report for our detailed analysis of ARM support and resistance levels.