Taking everything into account, ARM scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ARM was also a bad performer in the overall market in the last year.
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.
86.32
We found 2 important support areas.
2 important resistance areas can be observed.
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 | UP | POSITIVE | The short term trend for ARM is up. |
| ChartMill Relative Strength | 17.77 | NEGATIVE | ARM has a low relative strength, it was outperformed by 82.23% 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) | DOWN | MIXED | The current price of ARM is above a declining 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) | 63.51 | NEUTRAL | The RSI value for ARM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.59 | POSITIVE | The MACD value suggests ARM has a positive trend. |
| Stochastics (14,3) | 87.75 | OVERBOUGHT | The high Stochastics value suggests ARM may be overbought. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for ARM suggests high volalility. |
| Average Directional Index/ADX (14) | 21.59 | NEUTRAL | The ADX value for ARM suggests a possible start of a new trend. |
125.28
-0.67 (-0.53%)
ChartMill assigns a technical rating of 3 / 10 to ARM.
The current trend direction for ARM HOLDINGS PLC-ADR (ARM) is Bearish.
ARM HOLDINGS PLC-ADR (ARM) has an RSI value of 63.5061. This indicates that the stock is currently neutral.
The short term momentum for ARM HOLDINGS PLC-ADR (ARM) is positive.