ARQ INC (ARQ) Stock Technical Analysis
USA - NASDAQ:ARQ - US00770C1018 - Common Stock
7.16 USD
-0.24 (-3.24%)
7.16 USD
0 (0%)
Overall ARQ gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARQ is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ARQ is part of the Chemicals industry. There are 83 other stocks in this industry. ARQ outperforms 89% of them.
ARQ 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 ARQ is lagging the market slightly.
In the last month ARQ has a been trading in the 6.61 - 7.82 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that ARQ is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ARQ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.07, a Stop Loss order could be placed below this zone.
More info and screens
5.48
8.05
We found 4 important support areas.
- A support zone ranging from 6.96 to 7.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.24 from a trend line in the daily time frame.
- Support @5.96 from a trend line in the weekly time frame.
- Support @5.54 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @7.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.73 to 7.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.97 from a horizontal 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 | UP | POSITIVE | The long term trend for ARQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARQ is up. |
| ChartMill Relative Strength | 84.53 | POSITIVE | ARQ has a high relative strength, it outperformed 84.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ARQ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.27 | NEUTRAL | The RSI value for ARQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ARQ has a negative trend. |
| Stochastics (14,3) | 60.69 | NEUTRAL | The Stochastics value for ARQ is a neutral value. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for ARQ suggests some volalility. |
| Average Directional Index/ADX (14) | 19.65 | NEGATIVE | The low ADX value for ARQ 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)
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 |
|---|---|---|---|
| 7.58 | 6.95 | 0.63 (8.31%) | 12.03% |
| An entry @7.58. This is a Buy Stop order right above the resistance zone. | An exit @6.95. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.63 points, which is 8.31%. | For a 1.00% total portfolio risk, you can invest 12.03% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.16
-0.24 (-3.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.24%
1 Week-2.72%
2 Weeks-0.14%
1 Month-6.28%
3 Month35.61%
6 Month71.29%
12 Month17.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4.74%
ATR Inc25.92%
Range Today0.27
ADR(20)0.33
ADR(20)%4.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.53
Mansfield1.1
10 Day High7.7
10 Day Low6.61
20 Day High7.82
20 Day Low6.61
52 Week High8.11
52 Week Low3.34
CS1 End7.07
CR1 Start7.57
Volume & EV
DER(3)1.99%
DER(5)1.26%
Volume262.60K
Volume Incr-16.36%
Vol(5)263.36K
Vol(50)293.13K