ARM HOLDINGS PLC-ADR (ARM) Stock Technical Analysis
NASDAQ:ARM - Nasdaq - US0420682058 - ADR - Currency: USD
Taking everything into account, ARM scores 5 out of 10 in our technical rating. ARM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
ARM is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry. ARM outperforms 79% of them.
ARM has an average volume of 5511640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, ARM turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
ARM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARM is lagging the market slightly.
In the last month ARM has a been trading in the 114.33 - 138.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ARM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 135.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 124.53, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
86.32
152.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 122.63 to 124.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @91.90 from a trend line in the weekly time frame.
- Support @87.19 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 135.97 to 136.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @150.93 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 | NEUTRAL | NEUTRAL | The long term trend for ARM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARM is neutral. |
| ChartMill Relative Strength | 45.02 | NEUTRAL | ARM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARM is below 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 | MIXED | The current price of ARM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.25 | NEUTRAL | The RSI value for ARM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests ARM has a negative trend. |
| Stochastics (14,3) | 54.13 | NEUTRAL | The Stochastics value for ARM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for ARM suggests some volalility. |
| Average Directional Index/ADX (14) | 19.41 | NEGATIVE | The low ADX value for ARM suggests a weak or negative 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)
124.54
-3.56 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.78%
1 Week-3.67%
2 Weeks-6.41%
1 Month7.92%
3 Month-5.43%
6 Month-7.26%
12 Month3.34%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.14
ATR(20)%4.86%
ATR Inc58.08%
Range Today6.24
ADR(20)4.94
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.02
Mansfield-1.23
10 Day High138.59
10 Day Low121.56
20 Day High138.59
20 Day Low114.33
52 Week High188.75
52 Week Low80
CS1 End124.53
CR1 Start135.97
Volume & EV
DER(3)-3.64%
DER(5)-0.77%
Volume5.79M
Volume Incr-1.08%
Vol(5)5.53M
Vol(50)5.51M