ARQ INC (ARQ) Technical Analysis
NASDAQ:ARQ • US00770C1018
Taking everything into account, ARQ scores 0 out of 10 in our technical rating. ARQ'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than ARQ.
- ARQ is part of the Chemicals industry. There are 83 other stocks in this industry, of which 93% are performing better than ARQ.
- ARQ is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ARQ is lagging the market.
- In the last month ARQ has a been trading in the 1.54 - 3.83 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of ARQ 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
2.02
We can see 4 important resistance areas.
- A resistance zone ranging from 3.21 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.41 to 3.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.82 from a horizontal line in the daily time frame.
- Resistance @3.91 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 ARQ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARQ is down. |
| ChartMill Relative Strength | 5.69 | NEGATIVE | ARQ has a low relative strength, it was outperformed by 94.31% 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) | DOWN | NEGATIVE | The current price of ARQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.11 | OVERSOLD | The low RSI value suggests ARQ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests ARQ has a negative trend. |
| Stochastics (14,3) | 13.03 | OVERSOLD | The low Stochastics value suggests ARQ may be oversold. |
| Average True Range in percent/ATR (20) | 13.46 | HIGH VOLATILITY | The high ATR as a percentage value for ARQ suggests high volalility. |
| Average Directional Index/ADX (14) | 25.16 | POSITIVE | The high ADX value value for ARQ suggests a strong trend. |
ARQ Technicals: Chart, Performance Metrics, Trend & Indicators
2.04
+0.26 (+14.61%)
ARQ INC / ARQ FAQ
Can you provide the ChartMill technical rating for ARQ INC?
ChartMill assigns a technical rating of 0 / 10 to ARQ.
Can you provide the trend direction for ARQ INC?
The current trend direction for ARQ INC (ARQ) is Bearish.
What is the RSI signal for ARQ INC (ARQ) stock?
ARQ INC (ARQ) has an RSI value of 27.1118. This indicates that the stock is currently oversold.
What is the short term momentum for ARQ INC (ARQ) stock?
The short term momentum for ARQ INC (ARQ) is negative.
What are the support and resistance levels for ARQ INC (ARQ) stock?
ARQ INC (ARQ) has a resistance level at 3.21. Check the full technical report for our detailed analysis of ARQ support and resistance levels.