FIRST TRUST INDXX METAVERSE (ARVR) Stock Technical Analysis
NASDAQ:ARVR - Nasdaq - US33734X7628 - ETF - Currency: USD
Overall ARVR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ARVR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ARVR has an average volume of 572 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ARVR is one of the better performing stocks in the market, outperforming 82% of all stocks.
ARVR 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 ARVR is leading the market.
In the last month ARVR has a been trading in the 40.43 - 43.89 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although ARVR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
33.62
44.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 41.93 to 42.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.85 from a trend line in the weekly time frame.
- Support @33.96 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.80 to 43.90. 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 ARVR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARVR is up. |
| ChartMill Relative Strength | 82.02 | POSITIVE | ARVR has a high relative strength, it outperformed 82.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARVR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARVR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARVR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.77 | NEUTRAL | The RSI value for ARVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ARVR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 98.31 | OVERBOUGHT | The high Stochastics value suggests ARVR may be overbought. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for ARVR suggests low volalility. |
| Average Directional Index/ADX (14) | 35.83 | POSITIVE | The high ADX value value for ARVR 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)
NASDAQ:ARVR (6/5/2025, 8:00:00 PM)
43.7892
-0.11 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.24%
1 Week2.78%
2 Weeks3.45%
1 Month9.04%
3 Month10.27%
6 Month9.34%
12 Month18.38%
2 Year38.94%
3 Year71.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%0.85%
ATR Inc2.18%
Range Today0
ADR(20)0.07
ADR(20)%0.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.02
Mansfield0.98
10 Day High43.89
10 Day Low41.82
20 Day High43.89
20 Day Low40.43
52 Week High43.89
52 Week Low32.15
CS1 End42.87
CR1 Start43.8
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-89.07%
Vol(5)100
Vol(50)572