ARQIT QUANTUM INC -CW26 (ARQQW) Stock Technical Analysis
USA - NASDAQ:ARQQW -
1.17 USD
0 (0%)
1.25 USD
+0.08 (+6.84%)
We assign a technical rating of 7 out of 10 to ARQQW. In the past year, ARQQW was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
ARQQW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that ARQQW is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month ARQQW has a been trading in the 0.12 - 1.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ARQQW has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.16
1.96
We can see 4 important resistance areas.
- A resistance zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.62 from a trend line in the daily time frame.
- Resistance @1.90 from a trend line in the weekly time frame.
- Resistance @1.94 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for ARQQW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARQQW is up. |
| ChartMill Relative Strength | 99.58 | POSITIVE | ARQQW has a high relative strength, it outperformed 99.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARQQW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARQQW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ARQQW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.06 | NEUTRAL | The RSI value for ARQQW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ARQQW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.06 | NEUTRAL | The Stochastics value for ARQQW is a neutral value. |
| Average True Range in percent/ATR (20) | 26.15 | HIGH VOLATILITY | The high ATR as a percentage value for ARQQW suggests high volalility. |
| Average Directional Index/ADX (14) | 51.49 | POSITIVE | The high ADX value value for ARQQW 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)
1.17
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week27.74%
2 Weeks-33.9%
1 Month631.25%
3 Month28.57%
6 Month-33.71%
12 Month1330.32%
2 Year1333.82%
3 Year101.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%26.15%
ATR Inc-7.93%
Range Today0.19
ADR(20)0.3
ADR(20)%25.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.58
Mansfield-2.86
10 Day High1.95
10 Day Low0.8
20 Day High1.95
20 Day Low0.12
52 Week High4.44
52 Week Low0.07
CS1 EndN/A
CR1 Start1.18
Volume & EV
DER(3)-3.59%
DER(5)-6.07%
Volume356.70K
Volume Incr-7.99%
Vol(5)336.51K
Vol(50)227.60K