ARRIS INTERNATIONAL PLC (ARRS) Technical Analysis
NASDAQ:ARRS
Current stock price
ARRS Technical Rating and Analysis
Overall ARRS gets a technical rating of 6 out of 10. Although ARRS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- ARRS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ARRS is leading the market.
- ARRS has an average volume of 1914680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, ARRS did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month ARRS has a been trading in a tight range between 31.54 and 31.69.
- Volume is considerably higher in the last couple of days.
ARRS Weekly and Daily overview Charts
ARRS Setup Rating and Analysis
Although the technical rating is only medium, ARRS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 31.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.65, a Stop Loss order could be placed below this zone.
More info and screens
ARRS Support and Resistance Analysis
28.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.78 to 31.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.15 to 29.48. 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 31.70 to 31.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
ARRS Technical Indicator Signal Analysis
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 ARRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARRS is up. |
| ChartMill Relative Strength | 76.97 | POSITIVE | ARRS has a high relative strength, it outperformed 76.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ARRS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.33 | NEUTRAL | The RSI value for ARRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ARRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.71 | NEUTRAL | The Stochastics value for ARRS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for ARRS suggests low volalility. |
ARRS Chart- and CandleStick Pattern Analysis
ARRS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.73 | 31.53 | 0.21 (0.65%) | 25.00% |
| An entry @31.73. This is a Buy Stop order right above the resistance zone. | An exit @31.52. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.21 points, which is 0.65%. | For a 0.16% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ARRS Technicals: Chart, Performance Metrics, Trend & Indicators
31.66
0 (0%)
ARRIS INTERNATIONAL PLC / ARRS TA FAQ
What is the technical rating for ARRS stock?
ChartMill assigns a technical rating of 6 / 10 to ARRS.
What is the trend direction for ARRS stock?
The current trend direction for ARRIS INTERNATIONAL PLC (ARRS) is Bullish.
Can you provide the RSI signal for ARRIS INTERNATIONAL PLC?
ARRIS INTERNATIONAL PLC (ARRS) has an RSI value of 59.334. This indicates that the stock is currently neutral.
What is the buy/sell signal for ARRIS INTERNATIONAL PLC (ARRS) stock?
The buy/sell signal for ARRIS INTERNATIONAL PLC (ARRS) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ARRIS INTERNATIONAL PLC (ARRS) stock?
ARRIS INTERNATIONAL PLC (ARRS) has a support level at 31.65 and a resistance level at 31.7. Check the full technical report for our detailed analysis of ARRS support and resistance levels.