PMV ADAPTIVE RISK PARITY ETF (ARP)

US00791R3012 - ETF

26.9835  +0.21 (+0.78%)

Technical Rating and Analysis

5

Taking everything into account, ARP scores 5 out of 10 in our technical rating. ARP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

Warning: ARP has an average volume of 4484 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ARP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ARP is lagging the market slightly.
When comparing the performance of all stocks over the past year, ARP turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
In the last month ARP has a been trading in a tight range between 26.35 and 27.36.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ARP Weekly chart
ARP Daily chart
Setup Rating and Analysis

4

ARP has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

24.34

27.63

3 important support areas can be observed.

  • A support zone ranging from 26.13 to 26.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 25.45 to 25.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 24.59 to 24.72. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 27.11 to 27.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.26
Mansfield-0.58
10 Day High26.98
10 Day Low26.35
20 Day High27.36
20 Day Low26.35
52 Week High27.36
52 Week Low24.65
Performance
1 Week0.46%
2 Weeks2.04%
1 Month-0.66%
3 Month3.52%
6 Month7.28%
12 Month7.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)57.04
LBB26.32
UBB26.98
ARP Daily chart

PMV ADAPTIVE RISK PARITY ETF

NYSEARCA:ARP (5/6/2024, 7:04:02 PM)

26.9835

+0.21 (+0.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.78%
1 Week0.46%
2 Weeks2.04%
1 Month-0.66%
3 Month3.52%
6 Month7.28%
12 Month7.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%0.72%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High26.98
10 Day Low26.35
20 Day High27.36
20 Day Low26.35
52 Week High27.36
52 Week Low24.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume300
Volume Incr501.77%
Vol(5)10.20K
Vol(50)4.48K