We assign a technical rating of 1 out of 10 to ARMU. ARMU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, ARMU is a bad performer in the overall market: 100% of all stocks are doing better.
- Warning: ARMU has an average volume of 26276 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ARMU has a been trading in the 11.43 - 17.43 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ARMU 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.
More info and screens
17.02
When analyzing the resistance we notice 2 important areas.
- Resistance @33.77 from a trend line in the weekly time frame.
- Resistance @38.72 from a horizontal line in the daily 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 ARMU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARMU is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ARMU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARMU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ARMU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ARMU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.26 | NEUTRAL | The RSI value for ARMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests ARMU has a positive trend. |
| Stochastics (14,3) | 51.22 | NEUTRAL | The Stochastics value for ARMU is a neutral value. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for ARMU suggests high volalility. |
| Average Directional Index/ADX (14) | 20.18 | NEUTRAL | The ADX value for ARMU suggests a possible start of a new trend. |
17.19
+3.17 (+22.61%)
T-REX 2X LNG ARM DLY TRG ETF / ARMU FAQ
What is the ChartMill technical rating of T-REX 2X LNG ARM DLY TRG ETF (ARMU) stock?
ChartMill assigns a technical rating of 1 / 10 to ARMU.
Can you provide the trend direction for T-REX 2X LNG ARM DLY TRG ETF?
The current trend direction for T-REX 2X LNG ARM DLY TRG ETF (ARMU) is Bearish.
What is the RSI signal for T-REX 2X LNG ARM DLY TRG ETF (ARMU) stock?
T-REX 2X LNG ARM DLY TRG ETF (ARMU) has an RSI value of 60.2616. This indicates that the stock is currently neutral.
Can you provide the MACD signal for T-REX 2X LNG ARM DLY TRG ETF?
The MACD indicator for T-REX 2X LNG ARM DLY TRG ETF (ARMU) has a value of 0.382128, indicating a bearish trend.
Can you provide the short term momentum for T-REX 2X LNG ARM DLY TRG ETF?
The short term momentum for T-REX 2X LNG ARM DLY TRG ETF (ARMU) is neutral.