Logo image of ARVR

FIRST TRUST INDXX METAVERSE (ARVR) Stock Technical Analysis

NASDAQ:ARVR - Nasdaq - US33734X7628 - ETF - Currency: USD

43.7892  -0.11 (-0.24%)

Technical Rating and Analysis

10

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.
Weekly and Daily overview Charts
FIRST TRUST INDXX METAVERSE / ARVR Weekly stock chart
FIRST TRUST INDXX METAVERSE / ARVR Daily stock chart
Setup Rating and Analysis

2

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.

Support and Resistance Analysis

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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ARVR is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ARVR is up.
ChartMill Relative Strength82.02POSITIVEARVR has a high relative strength, it outperformed 82.02% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ARVR is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ARVR is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ARVR is above the rising SMA(200).
Relative Strength Index/RSI (14)69.77NEUTRALThe RSI value for ARVR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests ARVR has a negative trend, although the MACD value is rising.
Stochastics (14,3)98.31OVERBOUGHTThe high Stochastics value suggests ARVR may be overbought.
Average True Range in percent/ATR (20)0.85LOW VOLATILITYThe low ATR as a percentage value for ARVR suggests low volalility.
Average Directional Index/ADX (14)35.83POSITIVEThe high ADX value value for ARVR suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
FIRST TRUST INDXX METAVERSE / ARVR Daily stock chart

FIRST TRUST INDXX METAVERSE

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