ARQ INC (ARQ) Stock Technical Analysis
NASDAQ:ARQ - Nasdaq - US00770C1018 - Common Stock - Currency: USD
Overall ARQ gets a technical rating of 8 out of 10. In the last year, ARQ was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ARQ is part of the Chemicals industry. There are 85 other stocks in this industry. ARQ outperforms 91% of them.
In the last month ARQ has a been trading in the 5.11 - 6.75 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.
When comparing the yearly performance of all stocks, we notice that ARQ is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ARQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARQ is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ARQ has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.25
8.05
When analyzing the support we notice one important area.
- Support @5.30 from a trend line in the daily time frame.
We found 1 important resistance area.
- 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 | NEUTRAL | NEUTRAL | The long term trend for ARQ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARQ is up. |
| ChartMill Relative Strength | 91.09 | POSITIVE | ARQ has a high relative strength, it outperformed 91.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARQ is above the rising 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) | UP | POSITIVE | The current price of ARQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.15 | NEUTRAL | The RSI value for ARQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ARQ has a positive trend. |
| Stochastics (14,3) | 84.75 | OVERBOUGHT | The high Stochastics value suggests ARQ may be overbought. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for ARQ suggests high volalility. |
| Average Directional Index/ADX (14) | 25.93 | POSITIVE | The high ADX value value for ARQ suggests a strong 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)
6.62
+0.43 (+6.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg6.95%
1 Week28.29%
2 Weeks14.14%
1 Month15.53%
3 Month69.74%
6 Month7.29%
12 Month21.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%5.29%
ATR Inc54.55%
Range Today0.53
ADR(20)0.32
ADR(20)%4.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.09
Mansfield0.69
10 Day High6.75
10 Day Low5.11
20 Day High6.75
20 Day Low5.11
52 Week High8.11
52 Week Low3.34
CS1 End5.3
CR1 Start7.97
Volume & EV
DER(3)-0.68%
DER(5)0.81%
Volume259.60K
Volume Incr101.91%
Vol(5)375.70K
Vol(50)218.00K