NYSEARCA:ARMN - NYSE Arca - CA04040Y1097 - Common Stock - Currency: USD
Taking everything into account, ARMN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ARMN has proven to be a steady performer, scoring decent points in every aspect analyzed.
ARMN has an excellent technical rating, but the quality of the setup is only medium 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.
3.85
We found 2 important support areas.
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 ARMN is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARMN is neutral. |
ChartMill Relative Strength | 93.24 | POSITIVE | ARMN has a high relative strength, it outperformed 93.24% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARMN is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARMN is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARMN is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 60.34 | NEUTRAL | The RSI value for ARMN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ARMN has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 40.14 | NEUTRAL | The Stochastics value for ARMN is a neutral value. |
Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for ARMN suggests some volalility. |
Average Directional Index/ADX (14) | 21 | NEUTRAL | The ADX value for ARMN suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
7.73 | 6.82 | 0.91 (11.84%) | 8.45% |
An entry @7.73. This is a Buy Stop order right above the 10 day high. | An exit @6.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.91 points, which is 11.84%. | When investing 8.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
7.71
+0.27 (+3.63%)