ARROWHEAD PHARMACEUTICALS IN (ARWR) Technical Analysis
NASDAQ:ARWR • US04280A1007
Current stock price
ARWR Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to ARWR. ARWR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that ARWR is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, ARWR also shows a nice and consistent pattern of rising prices.
- ARWR is one of the better performing stocks in the Biotechnology industry, it outperforms 93% of 517 stocks in the same industry.
- ARWR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ARWR is performing more or less in line with the market.
- ARWR has an average volume of 2852590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ARWR has a been trading in the 54.02 - 64.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ARWR Weekly and Daily overview Charts
ARWR Setup Rating and Analysis
Besides having an excellent technical rating, ARWR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 58.67, a Stop Loss order could be placed below this zone.
More info and screens
ARWR Support and Resistance Analysis
54.45
When analyzing the support we can see 2 important areas.
- A support zone ranging from 58.26 to 58.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.00 to 55.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 62.37 to 62.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @70.16 from a horizontal line in the weekly time frame.
ARWR 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 ARWR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARWR is neutral. |
| ChartMill Relative Strength | 98.74 | POSITIVE | ARWR has a high relative strength, it outperformed 98.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARWR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARWR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARWR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.46 | NEUTRAL | The RSI value for ARWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests ARWR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.73 | NEUTRAL | The Stochastics value for ARWR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for ARWR suggests high volalility. |
| Average Directional Index/ADX (14) | 16.55 | NEGATIVE | The low ADX value for ARWR suggests a weak or negative trend. |
ARWR Chart- and CandleStick Pattern Analysis
ARWR 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 |
|---|---|---|---|
| 62.94 | 58.25 | 4.69 (7.45%) | 13.42% |
| An entry @62.94. This is a Buy Stop order right above the resistance zone. | An exit @58.25. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.69 points, which is 7.45%. | When investing 13.42% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ARWR. Please evaluate whether better entry and exit points can be found.
- 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.
ARWR Technicals: Chart, Performance Metrics, Trend & Indicators
61.12
+0.09 (+0.15%)
ARROWHEAD PHARMACEUTICALS IN / ARWR TA FAQ
What is the technical rating for ARWR stock?
ChartMill assigns a technical rating of 7 / 10 to ARWR.
What is the current trend direction of ARROWHEAD PHARMACEUTICALS IN (ARWR) stock?
The current trend direction for ARROWHEAD PHARMACEUTICALS IN (ARWR) is Bullish.
What is the RSI signal for ARROWHEAD PHARMACEUTICALS IN (ARWR) stock?
ARROWHEAD PHARMACEUTICALS IN (ARWR) has an RSI value of 52.4646. This indicates that the stock is currently neutral.
What is the MACD signal for ARROWHEAD PHARMACEUTICALS IN (ARWR) stock?
The MACD indicator for ARROWHEAD PHARMACEUTICALS IN (ARWR) has a value of 0.707389, indicating a bearish trend.
What are the support and resistance levels for ARROWHEAD PHARMACEUTICALS IN (ARWR) stock?
ARROWHEAD PHARMACEUTICALS IN (ARWR) has a support level at 58.67 and a resistance level at 62.37. Check the full technical report for our detailed analysis of ARWR support and resistance levels.