ARMOUR RESIDENTIAL REIT INC (ARR) Stock Technical Analysis
USA - NYSE:ARR - US0423157058 - REIT
We assign a technical rating of 5 out of 10 to ARR. In the past year, ARR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, ARR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ARR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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13.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.20 to 16.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.97 to 14.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 16.47 to 17.02. 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 | NEUTRAL | NEUTRAL | The long term trend for ARR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARR is up. |
| ChartMill Relative Strength | 29.93 | NEGATIVE | ARR has a low relative strength, it was outperformed by 70.07% off all stocks 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 | NEGATIVE | The current price of ARR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.33 | NEUTRAL | The RSI value for ARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ARR has a positive trend. |
| Stochastics (14,3) | 80.69 | OVERBOUGHT | The high Stochastics value suggests ARR may be overbought. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for ARR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.67 | NEUTRAL | The ADX value for ARR suggests a possible start of a new trend. |
16.46
+0.12 (+0.73%)
ARMOUR RESIDENTIAL REIT INC / ARR FAQ
What is the technical rating for ARR stock?
ChartMill assigns a technical rating of 5 / 10 to ARR.
What is the trend direction for ARR stock?
The current trend direction for ARMOUR RESIDENTIAL REIT INC (ARR) is Bearish.
Can you provide the RSI signal for ARMOUR RESIDENTIAL REIT INC?
ARMOUR RESIDENTIAL REIT INC (ARR) has an RSI value of 65.3272. 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 0.0332085, indicating a bearish trend.
What is the support and resistance level for ARR stock?
ARMOUR RESIDENTIAL REIT INC (ARR) has a support level at 16.3 and a resistance level at 16.47. Check the full technical report for our detailed analysis of ARR support and resistance levels.