ARMOUR RESIDENTIAL REIT INC (ARR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ARR - US0423157058 - REIT
Taking everything into account, ARR scores 8 out of 10 in our technical rating. Although ARR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although ARR has an excellent technical rating, it does not present a decent entry opportunity 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
13.83
We found 4 important support areas.
- A support zone ranging from 16.90 to 17.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 16.24 to 16.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.57 from a horizontal line in the weekly time frame.
- Support @13.97 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.06 to 17.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ARR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARR is up. |
| ChartMill Relative Strength | 51.28 | NEUTRAL | ARR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ARR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.23 | NEUTRAL | The RSI value for ARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ARR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.33 | NEUTRAL | The Stochastics value for ARR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for ARR suggests low volalility. |
| Average Directional Index/ADX (14) | 19.89 | NEGATIVE | The low ADX value for ARR suggests a weak or negative trend. |
17.05
+0.3 (+1.79%)
ARMOUR RESIDENTIAL REIT INC / ARR FAQ
What is the technical rating for ARR stock?
ChartMill assigns a technical rating of 8 / 10 to ARR.
What is the trend direction for ARR stock?
The current trend direction for ARMOUR RESIDENTIAL REIT INC (ARR) is Bullish.
Can you provide the RSI signal for ARMOUR RESIDENTIAL REIT INC?
ARMOUR RESIDENTIAL REIT INC (ARR) has an RSI value of 63.2263. This indicates that the stock is currently neutral.
What is the MACD signal for ARR stock?
The MACD indicator for ARMOUR RESIDENTIAL REIT INC (ARR) has a value of -0.017482, indicating a bearish trend.
What is the support and resistance level for ARR stock?
ARMOUR RESIDENTIAL REIT INC (ARR) has a support level at 17.02 and a resistance level at 17.06. Check the full technical report for our detailed analysis of ARR support and resistance levels.